Wall Street on Sale; How to Beat the Market As a Value Investor by Timothy P. Vick, Vick, Timothy P. Vick
Wall Street on Sale is the inside story on how Warren Buffett, John Templeton, and other value investing legends built huge fortunes by never overpaying in the stock market. This common-sense guidebook, written to help both the novice and the seasoned pro, summarizes the major themes of value investing, the consistently successful strategy designed to increase your chances of success while reducing your exposure to risk.
Featuring over 150 valuable website addresses, this myth-shattering book will show you how to: Calculate the true worth of any company within pennies per share; Identify companies that can consistently increase their earnings, net worth, and intrinsic value over time; Act as a contrarian, ignoring market hype and noise to evaluate companies based solely on their investment merits.
What Is Value Investing? The Historical Record of Value Investing. Beating an Irrational Market. Buying What Is Known: The Uselessness of Forecasts. Understanding the Bond-Stock Relationship and Earnings Yields. Improving Returns with a Buy-and-Hold Approach. Investing for Rapid Payback. Valuing a Company: Estimating Earnings and Cash Flow. Analyzing a Company's Dividend Record. Measuring a Company's Internal Performance. Discovering Hidden Value in Profit Margins. Analyzing the Financial Ratios That Matter. Assessing a Company's Intangible Value. Assembling a Portfolio: The Subsidiary Approach. Adopting the Warren Buffet Way.
What People are Saying About This
Charles B. Carlson
"Wall Street on Sale is a well-written, easy-to-uses primer on the best way to make money in the market-value investing." (Charles B. Carlson, CFA)
Kenneth S. Janke
"Timothy Vick has put together a common sense approach on how to determine when a stock appears to be undervalued. It is logical and organized. Any serious investor, wanting to build assets over time, can apply the knowledge Vick is willing to share." (Kenneth S. Janke, President and CEO National Association of Investors Corporation)