Michael J. Mauboussin je popredný autor a investičný stratég, ktorý sa zameriava na psychológiu investovania a hľadanie finančnej múdrosti na nekonvenčných miestach. Jeho diela hlboko skúmajú princípy protichodného myslenia a silu čítania akciových trhov. Mauboussin spája teoretické poznatky s praktickými aplikáciami a ponúka čitateľom spôsoby, ako zlepšiť svoje rozhodovanie. Jeho prístup k investovaniu je založený na interdisciplinárnom výskume a komplexných systémoch, čo mu umožňuje odhaliť podceňované stratégie.
This text aims to help investors crack the investing market. It offers a fundemental change in the way professional managers and individual investors select stock. Topics covered include: valuation of stocks; analyzing competitive strategy; the economic landscape; and mergers and acquisitions
Increased annual sales and growth of earnings - these are the usual standards of success for the American corporation. But what does it mean if the company achieves its goals but the value of its stock declines at the same time? According to Rappaport, these companies are judging success by the wrong standards, and often become the target for takeovers.
Begins with dramatic proof of the shortcomings of accounting numbers as earnings per share, return on investment, and return on equity, and explains to develop value-creating business strategies and how to ...