Summary |
In the conscious investor, Dr. John Price describes the quantitative methods investors like Buffett use to determine value and, thus, whether or not an investment will make money. Dr. Price details:
• Intrinsic value and ways of measuring it
• Price-setting mechanisms and influences in the stock market, as well as the difference between pure price theories and fundamental data theories
• Real value as a combination of intrinsic value and price.
• Accounting and the role of financial statements (balance sheet, income statement, cash flow statement, and equity statement) in providing data for valuation methods
• Off-balance sheet obligations
• Key financial ratios in analyzing and filtering companies
• Over 20 valuation methods, including each of their strengths and weaknesses
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