Fire Your Stock Analyst: Analyzing Stocks On Your Own (Definitive Guides (Financial Times/Prentice Hall))

Description

This is simply the world's most useful book for personal investors who want to rely less on the so-called "experts" and more on their own  intelligence and knowledge. The author presents systematic value and growth strategies that draw on the best ideas from more than 20 of the world's leading money managers -- and shows you how to implement each strategy step-by-step, using free or low-cost information available on  the Internet.  Domash introduces never-before-published advanced analysis strategies, shows how value investors really pick stocks, and presents new ways of quantifying a stock's risk. This book covers issues most books simply ignore, including how to evaluate a company's business plan and true financial strength, how to set your own target prices, and most important, when to sell .

 

Table of Contents  

Introduction  xix

Acknowledgments  xxvii

 

Part One        Getting Started  1

Chapter 1        The Analysis Process  3

Chapter 2        Evaluating Risk  13

Chapter 3        Screening  27

 

Part Two        Analysis Tools  43

Chapter 4        Analysis Tool #1: Analyzing Analysts’ Data  45

Chapter 5        Analysis Tool #2: Valuation  67

Chapter 6        Analysis Tool #3: Establishing Target Prices  79

Chapter 7        Analysis Tool #4: Industry Analysis  95

Chapter 8        Analysis Tool #5: Business Plan Analysis  109

Chapter 9        Analysis Tool # 6: Management Quality  123

Chapter 10      Analysis Tool #7: Financial Fitness Evaluator  129

Chapter 11      Analysis Tool #8: Profitability Analysis  169

Chapter 12      Analysis Tool #9: Detecting Red Flags  211

Chapter 13      Step 10: Ownership Considerations  235

Chapter 14      Tool # 11: Price Charts  241

 

Part Three: The Analysis Process  249

Chapter 15      Quick Prequalify  251

Chapter 16      Value Investing: The Process  261

Chapter 17      Growth Investing: The Process  287

 

Part Four: More Tools  321

Chapter 18      Earnings Reports & Conference Calls  323

Chapter 19      Detecting Scams, Frauds, and Pump & Dump  327

 

Appendix A      How to Read Financial Statements  333

Appendix B      Analysis Scorecards   343

Appendix C      Glossary  355

 

Index  363