جزییات کتاب
Why Stocks Go Up and Down is an in depth introduction to stocks and bonds. It explains the basics of of financial statement analysis, cash flow generation, stock price valuation, and more. Commonly misunderstood terms such as "capitalize", "equity," and "diluted earnings" are explained clearly. Stock valuation methods including price/earnings ratio, price/cash flow ratio, and Enterprise Value / EBITDA are covered. The book is about fundamentals; it is not an investment system or "how to make a million dollars in the market". The subtitle, "The Book You Need To Understand Other Investment Books" says it best. That subtitle is the result of comments received from readers over many yearsAbout the AuthorWilliam Pike's background includes experience as both an equity and high yield bond portfolio manager at Fidelity Investments. He taught the introductory investment course sporsored by the Boston Security Analyst s Society for more than 20 years. The early editions of this book are the outgrowth of that course. He is a Chartered Financial Analyst with a degree from the Massachusetts Institute of Technology and an MBA from Columbia University. He has provided investment commentary on radio and television and has spoken before a variety of investment groups.Patrick C. Gregory, CFA is an analyst and portfolio manager with 18 years of multi-industry experience. He is currently working as a Senior Equity Analyst for FM Global, where he manages the healthcare sector of a $4.8 billion portfolio. Prior to joining FM Global, Patrick was a full-time faculty member at Bentley College. While at Bentley, he served as the Managing Director of the Hughey Center for Financial Services and was the recipient of the Davis Fellow. Patrick has taught graduate and undergraduate courses in investments, risk management, and portfolio management for many years. Given his experience in industry and academia, Patrick has appeared on CNN and CNBC and provided commentary to a number of news sources, including the Wall Street Journal, Business Week, Boston Globe, and LA Times. He holds advanced degrees in both Finance and Financial Planning. Patrick is a CFA Charterholder and member of the CFA Institute and Boston Security Analyst Society (BSAS).