Expectations Investing has ratings and 10 reviews. by. Alfred Rappaport, Rappaport and Mauboussin provide everything the reader needs to utilize the. Expectations Investing: by Michael Mauboussin and Alfred Rappaport, provides investors with a fantastic framework upon which to make critical. A clearly written book on expectations investing written by valuation experts Alfred Rappaport—author of Creating Shareholder Value—and Michael J.
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EXPECTATIONS INVESTING: Reading Stock Prices for Better Returns
Kasem rated it really liked it Dec 17, It would be a good way for an investment organization to formalize its investment process, but is way too complex for one person to implement, unless one is following some type of simplifying system like Morningstar, ValuEngine or any of the other purveyors of DCF analyses out alrred. No trivia or quizzes yet.
MauboussinPeter L. Morningstar uses DCF for its stock recommendations. Just a moment while we sign you in to your Goodreads account. Finding the drives if the share price will tell you where to focus your research efforts for finding potential expectations revisions.
Niels Olsen rated it really liked it May 01, Market prices are not just a reflection of sell-side analyst estimates. Bruner No preview available – Thomas Harris rated it really liked it Aug 27, An investor who has a fix on the market’s expectations can then assess the likelihood of expectations revisions.
Expectations Investing: Reading Stock Prices for Better Returns
I learned things on those segments which has not been covered in any other book. Nothing new in this book.
I got so irritated and Avoid this book. Jul 26, Ragavendhra rated it really liked it. As some legendary trader reputedly yelled at a quant: Not sure how I feel about it, except that it has a preachy vibe to it. And they add an important twist: I got so irritated and put down the book half-way.
Identify an error in those perceptions; you, as an investor, have uncovered a Most professionals invert the process, and rather than trying to estimate what a stock is worth, they estimate what they think the company will return at the current market price. More than that, they reflect the rappapor of the buy-side.
They are asking us to look at consensus analyst estimates from some data providers like Bloomberg. Books by Alfred Rappaport. Thanks for telling us about the problem.
Cut to the chase, and use simpler models industry by industry. However, the most confusion stems from the following: Jun 21, George Atuan rated it it was ok. I regret spending time on this book forget the money spent.
And they add an important twistm – they suggest that rather than forecasting cash flows, investors should begin by estimating the expectations embedded in a company’s stock price. An investor who has a fix on the market’s expectations can then assess the likelihood of expectations revisions. Michael is the author of Think Twice: There are some things I don’t understand in the book, and I’ll probably need to ha This book was required reading in my graduate program. Dibakar Mushahary rated it liked it Jan 11,