Search results for ""Stock""
Edward Elgar Publishing Ltd The Psychology of World Equity Markets
Mainstream financial economics has largely ignored the complex cognitive and motivational factors that guide investor trading decisions and that influence the structure and dynamics of world equity markets. Research shows, however, that investor psychology is reliably linked to predictable momentum and reversals in stock prices and, more generally, to stock market bubbles. The first volume reviews the scientific debate between leading behavioral scientists and proponents of rational markets and rational economic man. It also summarizes key elements of a new psychological theory of stock prices with special emphasis on the formation of investor beliefs and the quality of judgment.The articles in the second Volume support the behavioral approach with international evidence collected from many sources. Major anomalies in financial decision-making and in the behavior of equity markets are interpreted in the context of new experimental, empirical, and theoretical research.
£557.00
Charlesbridge Publishing,U.S. After the Kill
£8.20
Emerald Publishing Limited New Advances in Financial Economics
This is a collection of 21 articles that deal with the frontiers in financial theory of economics. Most aspects of finance are covered - domestic corporate and investment issues as well as questions and problems of topical value in international finance. It includes topics such as: initial public offerings, debt restructuring, mergers, dividend policy, stock returns, capital structure, measures of risk aversion, microstructure of equity markets, agency cost and employee stock ownership, international takeover bidding, futures and forward contracts in currency markets, offshore loans, and market efficiency.
£76.33
Atelier Im Bauernhaus Auf den Spuren von Caspar David Friedrich
£10.00
VAN HAREN PUBLISHING ITIL INTERMEDIATE SERVICE OPERATION COUR
ITIL Intermediate Service Operation 3 daysThis course leads to the ITIL Certificate Service Operation. This is a free-standing qualification, but is also part of the ITIL Intermediate Lifecycle stream, and one of the modules that leads to the ITIL Expert Certificate in IT Service Management.The course covers the management and control of the activities and techniques within the Service Operation stage, but not the detail of each of the supporting processes.Youll learn Detailed understanding of processes, functions and activities related to Service operations within the Service Lifecycle.Introduction to service operationService operation
£102.03
Penguin Putnam Inc The Out-of-Sync Child Has Fun, Revised Edition: Activities for Kids with Sensory Processing Disorder
£18.00
John Wiley & Sons Inc Venture Capital and the Finance of Innovation
An invaluable resource for current and aspiring technology investors, Venture Capital and the Finance of Innovation provides an in-depth understanding of the tools and models needed to succeed in this competitive and highly fluid business environment. Building on a comprehensive introduction to fundamental financial and investment principles, the text guides the reader toward a robust skill set using enterprise valuation and preferred stock valuation models, risk and reward, strategic finance, and other concepts central to any venture capital and growth equity investment. Two features of the book stand out from other sources on the subject. First, it pays special attention to the enterprise valuation methodology for high-growth companies. What drives the value of a company that has little physical assets, losing money now but has a small chance of achieving great success in several years? How do you create estimates for sales, profit and return on capital when little data is available? The book answers these questions using a discounted cash flow model that is tailor-made for technology companies (DCF.xlsx downloadable from the instructor website), and the comparables model. Second, it highlights the most valuation-relevant feature of VC term sheets, namely the use of convertible preferred stock. The book shows the reader how to use a user-friendly and automated valuation model of VC preferred stock (available at www.vcvtools.com) to value various types of preferred stock and to visualize how term sheets split the values of the firm between entrepreneurs and VCs. Accessible, comprehensive, and assuming only basic knowledge of venture capital, this text offers essential guidance for successful VC and growth equity investing in any market.
£125.95
University of Georgia Press The Southern Foodways Alliance Guide to Cocktails
Nearly one hundred easy-to-follow recipes for the home bartender create memorable drinks from everyday ingredients. Milam and Slater share tips on essential tools and glassware and how to stock the home bar, as well as mixing and garnishing techniques.
£26.00
BOOKISHLY Classic Literature Authors 12 Postcard Set
A set of twelve postcards featuring unique digital illustrations of and interesting facts about classic authors from literature. A6 in size with the back of each card set out to a standard postcard design. Made with 300gsm white textured stock.
£9.91
BOOKISHLY Classic Book Quote 12 Postcards 2021 Edition
This postcard set features our latest book quote designs. Each set contains twelve postcards and features book quotes. A6 in size with the back of each card set out to a standard postcard design. Made with 300gsm white textured stock.
£9.91
John Wiley & Sons Inc Stable Paretian Models in Finance
The authors reconsider the problem of parametrically specifying distribution suitable for asset-return models. They describe alternative distributions, showing how they can be estimated and applied to stock-index and exchange-rate data. The implications for options pricing are also investigated.
£110.00
Emerald Publishing Limited Investment Behaviour: Towards an Individual-Centred Financial Policy in Developing Economies
Investment Behaviour explores the relationship between competing demographic factors, personal awareness and perceived attitudes to risk in shaping the behaviour of individual investors in the stock market. Arup Kumar Sarkar and Tarak Nath Sahu analyse the suitability of using Behavioural Finance theories in understanding investor behaviour across developed, developing and under-developed country contexts and in all types of stock markets. Across an in-depth study, the authors examine differing variables impacting on behaviour, give an overview of the empirical and theoretical literature, and also provide an analysis of the empirical findings of their investigation. The book promotes a greater understanding the psychological foundations of human behaviour in financial markets to facilitate the formulation of more individual-centered financial policy.
£73.01
John Wiley & Sons Inc Warren Buffett: An Illustrated Biography of the World's Most Successful Investor
"Buffett has generously endowed us all with a sensible and intelligent roadmap for investing." —Robert G Hagstrom "Warren Buffett - The Oracle of Everything. He has been right about the stock market, rotten accounting, CEO greed, and corporate governance. The rest of us are just catching on." —Fortune "Warren Buffett has turned value investing into an art form, piling up the world's second largest individual fortune and persuading millions to mimic the low-tech, buy-and-hold style of stock picking he practices at Berkshire Hathaway." —Time "Buffett and Munger are, without doubt, two of the greatest investors and capital allocators of all time, so investors would be well served to study their thinking carefully." —The Motley Fool "Warren Buffett - Ace stockpicker, and now, an empire-builder." —BusinessWeek
£17.10
Key Publishing Ltd Rail Freight: London and the South East
Exploring the rail freight operations in London and the South East, this book details the traction, rolling stock, terminal facilities and infrastructure over the past several decades.
£16.99
Bloomsbury Publishing PLC Miniature Railways
There are more than 400 miniature railways in Britain. Some are hidden away and privately owned, others are parkland attractions, and some – such as the Romney, Hythe and Dymchurch – are large commercial enterprises. They come in an array of gauges (from 5 inches up to 15 inches and sometimes beyond), but their most definitive characteristic is that they can carry passengers, whether sitting astride the rolling stock or inside enclosed carriages. In this colourfully illustrated guide, David Henshaw offers a concise history of miniature railways from the nineteenth century to the modern day, including a whistle-stop tour of the most notable examples open to the public – including the Ravenglass & Eskdale and Eastleigh Lakeside railways – exploring their layouts, engineering and rolling stock.
£8.99
Key Publishing Ltd West Coast Main Line Locomotive Haulage
The West Coast Main Line, which runs from London Euston to Glasgow Central with branches to Manchester, Birmingham and Liverpool, has historically been Britain's most important trunk route, giving it a rich and interesting history, not just in terms of motive power and rolling stock, but also when considering the politics of its construction and operation. This book gives a flavour of the many varieties of locomotives and other rolling stock that have operated over the West Coast Main Line, including details of its creation and operation. Utilising maps and drawings, useful information on line speeds and gradients is also provided. With over 110 images, this volume gives an all-encompassing history of locomotive haulage on the West Coast Main Line.
£15.99
HarperCollins Publishers Inc Justin and the Best Biscuits in the World
£8.92
Emerald Publishing Limited Essays in Financial Economics
This volume, dedicated to John W. Kensinger, explores a variety of topics in financial economics, including firm growth, investment risks, and the profitability of the banking industry. With its global perspective, Essays in Financial Economics is a valuable addition to the bookshelf of any researcher in finance. Starting with a study examining the NYMEX Crude oil market, the first paper uses a no-arbitrage futures equilibrium cost-of-carry model that incorporates both the quality delivery option as well as the timing delivery option in the NYMEX contract. This is followed by two papers focusing on the growth of firms, one looking at a sample of S&P 500 firms in the US and one utilising a sample of firms from India’s manufacturing sector. The fourth paper compares the Fama-French (FF) five-factor model for firms on the Paris Bourse with the four-factor model, exploring how the fifth factor, investment risk premium, benefits the French stock market in comparison with the profitability factor (the fourth factor). The fifth paper examines the volatility of the Indian stock market, while the sixth looks at the Italian banking industry. Closing the volume is a paper that looks at the relationship between the US Dollar Index and several emerging stock market indices using Granger Causality tests.
£83.52
John Wiley & Sons Inc Candlestick Charting For Dummies
Demystify stock charts so you can up your investing game Candlestick Charting For Dummies is here to show you that candlestick charts are not just for Wall Street traders. Everyday investors like you can make sense of all those little lines and boxes, with just a little friendly Dummies training. We’ll show you where to find these charts (online or in your favorite investing app), what they mean, and how to dig out valuable information. Then, you’ll be ready to buy and sell with newfound stock market savvy. Candlestick Charting For Dummies helps you build a foundation of investing knowledge and lingo (bullish? bearish? What is a candlestick, anyway?), then shows you the chart-reading ropes with relevant and easy-to-understand examples. It covers the latest investing technology, cryptocurrency, and today’s somewhat-less-predictable market environment. Get a refresher on stock market terminology and investing basics Discover how easy it is to understand price history and movement with candlestick charts Identify the best times to buy and sell securities, including stocks and crypto Learn from real life examples so you can invest with greater confidence and success This is the Dummies guide for beginner and intermediate investors who want to make smarter decisions with a better understanding of how to read candlestick charts.
£22.46
Taylor & Francis Ltd The Ashgate Research Companion to Migration Law, Theory and Policy
This book aims to augment the Ashgate series by taking stock of the current state of migration law literature. It also aims to sketch out the contours of its future long-term development, in what is now by all accounts a vastly expanded research agenda.
£45.99
Emerald Publishing Limited Empirical Research in Banking and Corporate Finance
Empirical Research in Banking and Corporate Finance is the 21st volume of Advances in Financial Economics and deals with International Corporate Governance. Explored in detail are the role of corporate cultures, social responsibility, stock liquidity, securitization, leveraged buyouts and the cost of private debt.
£83.99
McGraw-Hill Education - Europe How to Trade In Stocks
The Success Secrets of a Stock Market LegendJesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on: Reading market and stock behaviors Analyzing leading sectors Market timing Money management Emotional control In this new edition of that classic, trader and top Livermore expert Richard Smitten sheds new light on Jesse Livermore's philosophy and methods. Drawing on Livermore's private papers and interviews with his family, Smitten provides priceless insights into the Livermore trading formula, along with tips on how to combine it with contemporary charting techniques. Also included is the Livermore Market Key, the first and still one of the most accurate methods of tracking and recording market patterns
£17.99
Houghton Mifflin Tap-tap
£9.10
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Personalmanagement: Theorien – Konzepte – Instrumente
Zeitgemäßes Personalmanagement: Dieses Buch zeigt Ihnen, worauf es ankommtDas Personalmanagement steht in Zeiten globaler und digitaler Märkte vor großen Herausforderungen: Es gilt, einer zunehmend flexiblen Arbeitswelt, eines sich wandelnden Arbeitsmarktes sowie sich stark verändernder Mitarbeiterbedürfnisse und -fähigkeiten gleichermaßen gerecht zu werden. In diesem Buch vermitteln die Autoren in anschaulicher und kompakter Weise die zentralen Grundlagen, Konzepte und Instrumente eines zeitgemäßen Personalmanagements. Praxisbeispiele und Kontrollfragen unterstützen die Inhalte und legen den Fokus auf folgende Aspekte: Wie sieht die Zukunft der Arbeit aus? Welche Möglichkeiten bieten digitale Medien und das mobile Internet für die Personalplanung? Wie generieren Unternehmen ein nachhaltiges Health Care Management? Mithilfe welcher Instrumente konstruieren Personalverantwortliche eine erfolgreiche Führungsethik? Durch diese umfassende Perspektivvielfalt gibt Ihnen dieses Buch einen Überblick über die Herausforderungen sowie aktuelle Entwicklungen im Bereich des zeitgemäßen Personalmanagements. Selbstverständlich berücksichtigen die Autoren auch internationale Tendenzen der Mitarbeiterführung.Lernen Sie zukunftsweisende Ansätze kennenZunächst bringen Ihnen die Autoren die konzeptionellen Grundlagen des Personalmanagements näher und ordnen den Gegenstandsbereich dieses Begriffs verständlich ein. Nach der Vorstellung einiger ökonomischer Ansätze steht die konkrete Ausformung des zeitgemäßen Personalmanagements im Fokus. Erfahren Sie mehr über: Quantitative und qualitative Verfahren der Personalbedarfsplanung Gestaltung des Personalgewinnungsprozesses Internationale Gestaltung von Mitarbeiterflusssystemen Belohnungssysteme des Personalmanagements Führung von Mitarbeitern in Teams Betriebliches Gesundheitsmanagement Zu empfehlen ist dieses Buch über zeitgemäßes Personalmanagement insbesondere für Bachelor- und Mastervorlesungen im Bereich des Personalmanagements. Darüber hinaus ist es ein systematischer Leitfaden für (Personal-)Manager sowie Führungsnachwuchskräfte. Die aktuelle Auflage wurde komplett überarbeitet und aktualisiert. Kapitelübergreifend zeigen die Autoren Ansatzpunkte zur Gestaltung zukunftsfähiger Arbeitswelten und Anwendungsbeispiele künstlicher Intelligenz im Personalmanagement auf. Zudem enthält das Werk ein neues Kapitel über das zukunftsweisende Konzept des agilen Personalmanagements.
£45.28
University of Wales Press Cyfri'r Da: Hanes Canmlwyddol Cymdeithas Frenhinol Amaethyddol Cymru
A comprehensive history of the founding of the Welsh National Agricultural Society in 1904, its growth and development in the face of early opposition, together with the success of the annual Agricultural Show. An English version, Taking Stock, is available. 93 black-and-white photographs.
£8.46
Springer International Publishing AG Disrupting Buildings: Digitalisation and the Transformation of Deep Renovation
The world’s extant building stock accounts for a significant portion of worldwide energy consumption and greenhouse gas emissions. In 2020, buildings and construction accounted for 36% of global final energy consumption and 37% of energy related CO2 emissions. The EU estimates that up to 75% of the EU’s existing building stock has poor energy performance, 85–95% of which will still be in use in 2050.To meet the goals of the Paris Agreement on Climate Change will require a transformation of construction processes and deep renovation of the extant building stock. It is widely recognized that ICTs can play an important role in construction, renovation and maintenance as well as supporting the financing of deep renovation. Technologies such as sensors, big data analytics and machine learning, BIM, digital twinning, simulation, robots, cobots and UAVs, and additive manufacturing are transforming the deep renovation process, improving sustainability performance, and developing new services and markets.This open access book defines a deep renovation digital ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research, and offering perspectives from business, technology and industry domains.This is an open access book.
£44.99
SAP Press Auditing SAP S/4HANA
Performing or preparing for an SAP S/4HANA audit? This is the comprehensive guide you need! Understand what goes into an audit, from the objectives and timing to the reporting process. Prepare an audit roadmap for the system as a whole, and drill down into specific domains: financials, order-to-cash, purchase-to-pay, and forecast-to-stock, and more. Expert tips and tricks will have you prepared for your audit—whether you're the auditor or the auditee.Highlights: Implementation and upgrades Internal controls Basis settings Security Financial reporting Order-to-cash Purchase-to-pay Forecast-to stock Tips and tricks Documentation
£116.10
World Scientific Publishing Co Pte Ltd Bare Essentials Of Investing, The: Teaching The Horse To Talk
The objective of this book is to help an individual (or a family) design a personal investment strategy. It explains how stock markets can be used to make a large fortune from a small investment. It also recommends an approach to increase a reasonable return on investment and explains the importance of investment alternatives.The book is based on the premise that the US stock market is not too high compared to the long-term value of its securities. It further assumes that readers are interested both in return likely to be earned on investment and the risk of not earning the return target.The focus on this book is on “personal” investing. It begins with three basic rules of investing and concludes with ten subordinate rules and other suggestions for investing.
£25.00
Schiffer Publishing Ltd The Encyclopedia of Modern Marbles, Spheres, and Orbs
This beautiful and thought-provoking reference explores the close relationships among contemporary studio art glass marbles, spheres, and orbs and their predecessors, the marbles of childhood, as well as areas of significant divergence. Over 900 gorgeous color photos display the vast range available today, including handmade and machine-made marbles, edition types, regular stock, open edition production stock, prototypes, limited editions, experimental works, and studio glass. Many rare and historical examples are shown. The thorough and engaging text provides a history of the studio glass movement, manufacturing processes, artists' marks, essential information on building and caring for a collection, and methods of valuing items in a collection. Also included are a glossary, a bibliography, an index, and values in the captions. All glass fanciers will learn about this new generation of modern styles.
£57.59
£213.32
Schott Music Ltd Chinese Violin Solos: A Collection of Music for the Traditional Chinese Two-Stringed Fiddle
£18.30
HarperCollins Where Are You Going, Manyoni?
£17.99
Firefly Books Ltd The Turcottes
Now in paperback, the biographical history of a Canadian horse racing dynasty and their rise from underdogs to the top of the thoroughbred racing world.
£21.93
Hogrefe Verlag GmbH + Co. PhoniT Ein Trainingsprogramm zur Verbesserung der phonologischen Bewusstheit und Rechtschreibleistung im Grundschulalter
£71.96
fairaend Lösungsfokussierter Klassenrat
£31.50
Emerald Publishing Limited Advances in Taxation
Advances in Taxation publishes relevant, quality manuscripts addressing the issues of federal, state, local and international taxation including tax compliance, tax planning, and tax policy issues among others. The series uses a wide variety of research methods, including analytical modelling, archival, experimental, survey, descriptive, and legal approaches to address the problems and issues associated with taxation. Volume 21 of Advances in Taxation continues this broad approach to taxation, looking at taxpayer compliance, state tax issues and tax policy decisions, amongst others.
£104.07
University Press of New England Ethics through Literature Ascetic and Aesthetic Reading in Western Culture
An investigation into the relationship between ethics, reading, and the creative imagination in Western culture
£36.00
University of Toronto Press Alexander the Great in the Middle Ages: Transcultural Perspectives
In the Middle Ages, the life story of Alexander the Great was a well-traveled tale. Known in numerous versions, many of them derived from the ancient Greek Alexander Romance, it was told and re-told throughout Europe, India, the Middle East, and Central Asia. The essays collected in Alexander the Great in the Middle Ages examine these remarkable legends not merely as stories of conquest and discovery, but also as representations of otherness, migration, translation, cosmopolitanism, and diaspora. Alongside studies of the Alexander legend in medieval and early modern Latin, English, French, German, and Persian, Alexander the Great in the Middle Ages breaks new ground by examining rarer topics such as Hebrew Alexander romances, Coptic and Arabic Alexander materials, and early modern Malay versions of the Alexander legend. Brought together in this wide-ranging collection, these essays testify to the enduring fascination and transcultural adaptability of medieval stories about the extraordinary Macedonian leader.
£49.50
McGraw-Hill Education Supply Chain Management
Managing supply chains has become one of the most complex processes that organizations have to implement and manage. In the 16 chapters of Supply Chain Management, logistics, marketing, and operations management concepts, principles, and strategies will be used to explain and illustrate supply chain management in a global context.Supply Chain Management approaches the topic from a managerial perspective, with basic concepts and principles added in when necessary to increase comprehension and understanding. In each chapter, basic supply chain concepts are operationalized in a format that is useful for management decision making. Examples of organizational application of these concepts will be cross-disciplinary.
£56.99
Pegasus Elliot Mackenzie Publishers BUFFET
£9.04
Penguin Putnam Inc Who Is Dale Earnhardt Jr.?
Rev your engines and get ready for this exciting look at how Dale Earnhardt Jr. lived up to his family legacy and became one of the greatest professional stock car racing drivers in the world.No one was surpised when Dale Earnhardt Jr. began his racing career at age seventeen. His father and grandfather were professional racers, and he spent most of his childhood servicing cars at his dad's dealership. Now Dale was ready for his own turn in the driver's seat. He started out racing in the Street Stock division but would go on to win several NASCAR championships before retiring from driving fulltime in 2017. Dale Earnhardt Jr.'s passion and dedication to the sport he loves is why he is considered the most popular professional driver in the world.
£17.77
Penguin Putnam Inc Who Is Dale Earnhardt Jr.?
Rev your engines and get ready for this exciting look at how Dale Earnhardt Jr. lived up to his family legacy and became one of the greatest professional stock car racing drivers in the world.No one was surpised when Dale Earnhardt Jr. began his racing career at age seventeen. His father and grandfather were professional racers, and he spent most of his childhood servicing cars at his dad's dealership. Now Dale was ready for his own turn in the driver's seat. He started out racing in the Street Stock division but would go on to win several NASCAR championships before retiring from driving fulltime in 2017. Dale Earnhardt Jr.'s passion and dedication to the sport he loves is why he is considered the most popular professional driver in the world.
£7.01
Columbia University Press The Everyday Practice of Valuation and Investment: Political Imaginaries of Shareholder Value
The financial industry derives its legitimacy through the claim that it acts in the interest of shareholders. A vast international network of funds, banks, insurance companies, brokerages, rating agencies, and regulatory agencies defends its status by asserting that market mechanisms determine a company’s true value and therefore enriching shareholders contributes to the socially optimal allocation of capital. Is this how stock prices are determined in practice? What does stock valuation reveal about the supposed efficiency of markets and what it means to act on behalf of shareholders?Horacio Ortiz provides a critical analysis of the social institutions and practices that produce and regulate stock pricing and valuation. He examines how financial professionals evaluate and invest in listed companies, unraveling the contradictory definitions of financial value that shape their behavior. Ortiz demonstrates how ideologically laden notions of investing skill and efficient markets are central to the everyday practices of financial valuation, as well as how they function to justify the broader system. He scrutinizes the technical aspects of valuation and investment, their place in social relations within and among companies, and their relation to state regulation in order to demystify how the financial industry presents prices as truths that the rest of society must accept.Drawing on ethnographic fieldwork conducted among stock brokers and investment management companies in New York and Paris, this book shows how the political imaginaries that underpin financial markets are central to producing, sustaining, and legitimizing global inequalities.
£90.00
BOOKISHLY Fictional Travel Poster 12 Postcard Set
A set of twelve postcards inspired by vintage travel posters with iconic literary locations. There will be 2 of each design in a set. A6 in size with the back of each card set out to a standard postcard design. Made with 300gsm white textured stock.
£9.91
HarperCollins Publishers Now Wait for Last Year
Contacted by starmen of similar racial stock who have a greatly advanced, galactic society, a united Earth becomes their ally in a lengthy war with the Reegs, blue, six-limbed aliens with no vocal chords. This is the story of how Earth chose the wrong ally.
£9.99
Chronicle Books Pendleton Notebook Collection
This set of three coordinating notebooks is bundled together with baker's twine. Each centre-stitched notebook features a cherished Pendleton pattern on the cover and lined interior pages printed on uncoated stock.
£10.79
Johns Hopkins University Press Moralizing the Market: How Gaullist France Embraced the US Model of Securities Regulation
A novel historical perspective on how stock markets influence each other internationally.A nation usually overhauls its financial regulations after a stock market crash or the collapse of its banking system. In 1967, France did something rare. Out of pure political expediency, Gaullist leaders and senior civil servants seized the opportunity offered by an insider-trading case and established an independent commission to regulate the securities market: the Commission des Opérations de Bourse, or COB. Despite their staunch defense of national sovereignty, these reformers drew their inspiration from an American model, the Securities and Exchange Commission.Highlighting the international sources for national reform, Yves-Marie Péréon’s Moralizing the Market explores the dynamics of policy transfer in securities regulation—a subject that has rarely been considered from a historical perspective. That regulation has been used to attract investors and foster market development challenges the view that the French government only attempted to develop the stock market as part of a global wave of deregulation in the 1980s. Indeed, the creation of the COB reveals a great deal about the exercise of power in modern democracies, the interaction between business and government, and the mechanisms of institutional innovation. Moralizing the Market will appeal to professors and students of economic history, international relations, and political science, as well as business and finance historians, policy makers, and professionals.
£49.95
Harriman House Publishing The Essential P/E
The price-earnings ratio, or P/E, is the most commonly quoted investment statistic, but have you ever considered what it actually means? For most people it's a shorthand way of deciding how highly the market regards a company, with investors prepared to overpay for earnings from a high-P/E 'glamour' stock as opposed to a low-P/E 'value' stock. However, academics have known since 1960 that the opposite is true: value stocks outperform glamour stocks consistently over decades. A company with a low P/E may have been marked down for no readily apparent reason and thus could represent an attractive value investment for those with the patience to wait while the market re-values it. However, the P/E is a backward-looking measure and just because the company earned GBP1 per share last year it doesn't necessarily mean it will earn anything like that in the foreseeable future. Or, a low P/E can mean a company is deservedly cheap because it is in financial difficulty - in this case the company is likely to become cheaper yet or even go into administration. This book is a practical guide to how you can adjust and improve the price-earnings ratio and use it, alongside other financial ratios, to run against the crowd and boost your stock returns.
£15.29