A Modern Approach to Graham and Dodd InvestingAn updated approach to classic security analysis The principles of value investing outlined by Graham and Dodd in the 1940s continues to be used today by individuals and companies who face challenging investment decisions. A Modern Approach to Graham and Dodd Investing examines the classic Graham and Dodd approach to valuation and updates it for the twenty-first century. Thomas Au, a credentialed analyst with a leading insurance company and an ex-Value Line analyst, reworks the basics of value investing from net present value, financial statement analysis, and return on capital to return and leverage, asset allocation, and diversification. Through case studies and real-time analysis, A Modern Approach to Graham and Dodd Investing presents readers with examples that will make analysis and portfolio theory more relevant and powerful. Thomas P. Au (Hartford, CT) is a Vice President and Portfolio Manager for the investment arm of a large insurance and healthcare provider. His specialty is emerging and international markets. He received his BA, cum laude, with a double major in economics and history, from Yale University, and an MBA in finance from New York University. |
Contents
PART II FixedIncome Evaluation | 29 |
PART III Equity Evaluation | 79 |
PART IV Special Vehicles for Investment | 157 |
PART V Portfolio Management | 203 |
PART VI Some Contemporary Issues | 271 |
ENDNOTES | 321 |
| 327 | |
| 329 | |
Other editions - View all
Common terms and phrases
actually allow American amount assets average balance bank better bonds book value Buffett called capital cash flow century changes Chapter considered corporate cost debt decade depreciation discount dividend dollar early earnings economic equity fact fall figure funds gains given Graham and Dodd growth half higher holding important income increase industry inflation instance interest investment investment value investor issue known late least less Line lower major margins maturity measure mill mortgage operations payments percent period portfolio preferred probably problem profit purchase ratio real estate reason relative represented result rising risk securities selling share situation sold statement stock market stock price things trading true turn United usually whole yield