Mon premier blog

The Little Book of Value Investing (Little Books. Big Profits) Christopher H. Browne, Roger Lowenstein
Publisher: Wiley

It looks like neither Joel Greenblatt or Richard Tortoriello excluded outliers in generating the results they presented in their books. You might want to take a page out of his book and improve your portfolio. In such "Perusing the list of stocks hitting their 52-week lows inspires a little ditty called Down, Down, To Goblin Town to play in my head. The point, as Anat Admati and Martin Hellwig put it in their crucial new book “The Bankers' New Clothes,” is that “Although risk and losses from excessive market speculations are bigger media events, traditional lending can be just as risky and can lead to very large losses. Second, it means that banks have very little cushion if they make mistakes—even relatively small declines in the value of their loans can put them on the verge of technical insolvency. Your analysis begins to illustrate, and AAPL's reorg of its iTunes product segment reporting (in my view) is an effort by management to highlight, the promise and opportunity for AAPL to drive value (and profits) through that ecosystem. "I'm a big fan of Benjamin Graham's investment techniques and frequently use strategies from the father of value investing to uncover interesting Canadian stocks. A key point that Kosman makes in his book is that, in fact, it can be quite profitable for private equity firms to drive the companies they take over into debt, regardless of whether those companies then end up bankrupt. The top 4 banks hold upwards of $300B of HELOC loans at par, despite the fact that there is very little housing value remaining behind the loans. The financial system; we learned it from the Internet bubble, when venture capitalists invested in anything with a .com suffix, cashed out after IPOs, and clueless investors took the hit; and we learned this hard lesson yet again from the real estate bubble. One reason market cap may be less that book value is that investors believe the banks are not recognizing losses and are carrying assets (like mortgages) at inflated values on their books. If I really want it now, I will pay top dollar, but I have a Kindle App too. It has more books, but it is less smooth to work with. I believe that ebook sales across the web and at Amazon are 2/3 to 70% . For the past few decades, the industry has been making large profits off of graphic novels, which are, in most instances, collected reprints of singles, and currently the companies are also finding ways to exploit content .. The Little Book That Beats the Market, published in 2005, accomplished what most investing books don't: It became a bestseller. If the market Another question presents, is market value derived from profits as fees on tangibles or intangibles transaction value? In Quantitative Value we begin our investigation by examining two simple quantitative value investment strategies: one suggested by the great value investor and philosopher Benjamin Graham, and the other Joel Greenblatt's Magic Formula, and ask if If you liked The Little Book that Beats the Market, you will love Quantitative Value. It might be, provided they have enough assets that can be liquidated at a profit.