menu

Expectations Investing : Reading Stock Prices for Better Returns
by Alfred Rappaport and Michael J. Mauboussin and Peter L. Bernstein




Overview -
Expectations Investing offers a unique and powerful alternative for identifying value-price gaps. Rappaport and Mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. And they add an important twist: 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. To help investors anticipate such revisions, Rappaport and Mauboussin introduce an expectations infrastructure framework for tracing the process of value creation from the basic economic forces that shape a company's performance to the resulting impact on sales, costs, and investment. Investors who use Expectations Investing will have a fundamentally new way to evaluate all stocks, setting them on the path to success. Managers will be able to use the book to devise, adjust, and communicate their company's strategy in light of shareholder expectations.

  Read Full Product Description
 
Paperback - Revised Ed.
  • $28.00
Add to Cart
+ Add to Wishlist
local_shippingFor Delivery
On Order. Usually ships in 2-4 weeks
FREE Shipping for Club Members help
 
storeBuy Online Pickup At Store
search store by zipcode

 
 
New & Used Marketplace 3 copies from $57.35
 
 
 

More About Expectations Investing by Alfred Rappaport; Michael J. Mauboussin; Peter L. Bernstein

 
 
 

Overview

Expectations Investing offers a unique and powerful alternative for identifying value-price gaps. Rappaport and Mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. And they add an important twist: 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. To help investors anticipate such revisions, Rappaport and Mauboussin introduce an expectations infrastructure framework for tracing the process of value creation from the basic economic forces that shape a company's performance to the resulting impact on sales, costs, and investment. Investors who use Expectations Investing will have a fundamentally new way to evaluate all stocks, setting them on the path to success. Managers will be able to use the book to devise, adjust, and communicate their company's strategy in light of shareholder expectations.

 

Details

  • ISBN-13: 9781591391272
  • ISBN-10: 159139127X
  • Publisher: Harvard Business Review Press
  • Publish Date: February 2003
  • Page Count: 256
  • Dimensions: 9.1 x 6.1 x 0.8 inches
  • Shipping Weight: 0.65 pounds


Related Categories

 

BAM Customer Reviews