The New Value Investing: How to Apply Behavioral Finance to Stock Valuation Techniques and Build a Winning Portfolio

Description

Contents......Page 6 About the author......Page 8 Acknowledgements......Page 9 Preface......Page 11 The Impact of Emotion When Investing......Page 15 Basic Concepts in Emotional Control......Page 16 Sound Portfolio Decisions......Page 18 Company and Industry Diversification......Page 20 International Diversification......Page 22 Diversifying Larger Portfolios......Page 24 Trading Activity......Page 25 Portfolio Versus Individual Stock Performance......Page 27 Measuring Performance......Page 28 The Time Structure of Market Returns......Page 30 Deep Behavioral Currents......Page 32 Catching the Trade Winds of the Market......Page 35 The Universe of Ideas......Page 39 Your Broker or Your Barber or Your Brother......Page 40 Stock Screening......Page 41 Summary......Page 48 Value Investing versus Future Growth Investing......Page 49 Value Analysis......Page 50 Estimating a Value Range......Page 52 The Art of Selling......Page 56 Performance Expectations......Page 58 The Holding Period......Page 60 The Relationship Between the Market and the Economy......Page 62 The Business Cycle......Page 66 The Federal Deficit and Money......Page 73 Market-wide Valuations......Page 76 Summary......Page 78 The Company’s Flows......Page 79 The Balance Sheet......Page 84 Making Financial Statements Useful: Ratio Analysis......Page 90 Lies, Damn Lies and Financial Statements......Page 94 Summary......Page 95 The Idea Behind Valuation......Page 96 Dividend Valuation......Page 99 Earnings and Other Valuation Techniques......Page 105 Valuation Example 1......Page 108 Valuation Example 2......Page 122 Accounting Issues in Reported EPS......Page 131 Company 7 Example......Page 132 Mutual Fund Research......Page 136 Impact of Elements......Page 137 Putting it All Together......Page 139 Don’t Fall into the Popularity Trap......Page 140