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Concise Guide to Value Investing: How to Buy Wonderful Companies at a Fair Price
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Concise Guide to Value Investing: How to Buy Wonderful Companies at a Fair Price Paperback - 2008 - 1st Edition

by Brian McNiven


From the publisher

The business performance creates the value -- the price creates the OPPORTUNITY.

No-one likes to pay too much for something. We all like to thing that what we buy is ' good value'. It's not different when we purchase a share in company listed on the stock market.

In the Concise Guide to Value Investing, Brian McNiven reveals how to calculate the true value of a company to find out whether you are paying a fair price. This fascinating book explores:

  • value investing versus speculation
  • the difference between price and value
  • variable values of a dollar of earnings
  • accounting misrepresentation
  • the characteristics of a wonderful business
  • the StockVal(R) valuation formula.

Two of the world's most successful investors, Warren Buffett and Charlie Munger, are self-confessed value investors. McNiven often draws on their wisdom to support his approach to value investing, which he defines as buying a share at a price lower than its calculated value. Only investors who have the ability to calculate value can call themselves 'value investors'.

From the rear cover

The business performance creates the value -- the price creates the OPPORTUNITY.

No-one likes to pay too much for something. We all like to think that what we buy is 'good value'. It's no different when we purchase a share in a company listed on the stock market.

In the Concise Guide to Value Investing, Brian McNiven reveals how to calculate the true value of a company to find out whether you are paying a fair price. This fascinating book explores:

  • value investing versus speculation
  • the difference between price and value
  • variable values of a dollar of earnings
  • accounting misrepresentation
  • the characteristics of a wonderful business
  • the StockVal(c) valuation formula.

Two of the world's most successful investors, Warren Buffett and Charlie Munger, are self-confessed value investors. McNiven often draws on their wisdom to support his approach to value investing, which he defines as buying a share at a price lower than its calculated value. Only investors who have the ability to calculate value can call themselves 'value investors'.

Details

  • Title Concise Guide to Value Investing: How to Buy Wonderful Companies at a Fair Price
  • Author Brian McNiven
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Pages 232
  • Volumes 1
  • Language ENG
  • Publisher Wiley, Milton, QLD, Australia
  • Date 2008-05-27
  • Features Index
  • ISBN 9780731407934 / 0731407938
  • Weight 0.65 lbs (0.29 kg)
  • Dimensions 8.1 x 5.4 x 0.5 in (20.57 x 13.72 x 1.27 cm)
  • Library of Congress Catalog Number 2008299960
  • Dewey Decimal Code 332.632

About the author

Brian McNiven is the author of Stock Valuation, A Wonderful Company at a Fair Price and Market Wise. He makes his living investing on the Australian stock market and is the developer of StockVal(c), a stock valuation program.

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