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Cunningham L.A. — How To Think Like Benjamin Graham and Invest Like Warren Buffett
Cunningham L.A. — How To Think Like Benjamin Graham and Invest Like Warren Buffett



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Íàçâàíèå: How To Think Like Benjamin Graham and Invest Like Warren Buffett

Àâòîð: Cunningham L.A.

Àííîòàöèÿ:

How to Think Like Benjamin Graham and Invest Like Warren Buffett wraps a lifetime of investing wisdom into one highly accessible package. An intelligent guide to analyzing and valuing investment targets, it tells investors what questions to ask, what answers to expect, and how to approach any stock as a skeptical, common-sense business analyst.

Above all, this fast-paced book provides investors with the tools they need to thoroughly value any business in which they might invest. A common-sense approach to investing, this book discusses: *
Three things investors must get from a financial statement *
Valuation examples from today's top companies including GE, Amazon, Microsoft, and Disney *
Why prices deviate from actual values


ßçûê: en

Ðóáðèêà: Ðàçíîå/

Ñòàòóñ ïðåäìåòíîãî óêàçàòåëÿ: Ãîòîâ óêàçàòåëü ñ íîìåðàìè ñòðàíèö

ed2k: ed2k stats

Ãîä èçäàíèÿ: 2001

Êîëè÷åñòâî ñòðàíèö: 267

Äîáàâëåíà â êàòàëîã: 12.11.2006

Îïåðàöèè: Ïîëîæèòü íà ïîëêó | Ñêîïèðîâàòü ññûëêó äëÿ ôîðóìà | Ñêîïèðîâàòü ID
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Ïðåäìåòíûé óêàçàòåëü
Germany: social responsibility and      177
Gillette      107
Glass — Steagall Act      174 187 190
Gleick, James      36—37
Globalization      52 113 171—191
Globalization, accounting and      181—183 219
Globalization, capital markets and      186—187
Globalization, corporate governance and      172—176 183—184
Globalization, information and      188—189
Globalization, mergers and acquisitions      178—180 184—186
Globalization, orientation of board      195—200
Globalization, shareholder primacy and      172—176 180 189—190
Globalization, social responsibility and      176—179
Goethe, G.W.F      241
Goizueta, Roberto      113—114 150 235—241
Goldman Sachs      188
Goodwill      136—137 154
Graham, Benjamin      4—5 11 13—14 22 32 33 49 56 69 70—71 73 76 80—82 86 87 109 111 117 121 134 137 143—144 145 150—151 156—157 167 171 179 193 203—204 243—244
Greater fool theory      69
Gucci      107 185
H exponent      35—36
Hackworth, Michael      55
Half Movement, at General Electric      227
Hasbro      108 177
Hawkins, Mason      11
Hedge funds      15
Heineken      106
Hermes International      106
Hershey's      106 200
Hertz, Barry      79
HFS Inc.      166
Hixon, Robert      179
hoaxes      53—58
Hockey puck problem      38 47
Holding period      87
Home Depot      106 177
Honeywell      108
Hoover      112
Hostile takeovers      178—180 184—186 214—215
Hurst, H.E.      35—36
IBM      112 211
Implied cap rate      149
Income allocation      77—78
Index funds      73—74 99
Individual Retirement Accounts (IRAs)      76 77
Inflation, in valuation process      103 136
Information volatility      51—59
Information volatility, negative      52—59
Information volatility, positive      52
Informational efficiency      26
Infrastructure fortification, at Coca-Cola      238
Initial public offerings (IPOs)      8—9
Inside tips      56
Insider effect      11
Instinet      62
Integrated diversity, at General Electric      223 225 226
Intel      107
Intelligent Investor, The (Graham)      22 134
Interest rates: in valuation process      102
Interest rates: risk-free      102 141 142
International Accounting Standards Committee (IASC)      182
International Organization of Securities Commissions (IOSCO)      189
International Securities Exchange      187
Internet      8—9
Internet and Disney      232
Internet and General Electric      228—229
Internet, rise of      113
Internet, Webcasting      54
Interpretation of Financial Statements, The (Graham)      121
Intrinsic time      46—47
Inventory turnover      124—125
Investment banking      174 187 190
Island      62
Italy, mergers and acquisitions      185
iX (International Exchanges)      186—187
January effect      11
Japan: accounting and      181—182
Japan: corporate governance and      176 184
Japan: globalization and      185 187
Japan: information and      189
Japan: stock market bubble      9 84
JoAnn Fabrics      165
John Deere      106
Johnson & Johnson      75
Johnson Controls      107 108
Jordan, Michael      65
Jordan, Vernon      200
Joseph effect      46—47
Kendall, Maurice      18
Kenneth Cole      107
Keough, Donald      235
Keynes, John Maynard      11 13 25 26 87—88
Kimberly — Clark      107
Klatsky, Bruce      177
Knapp, Tom      11
KPMG      212
Kraft Foods      213
Lake Woebegon syndrome      117
Learning Company      213
Learning culture: at Coca-Cola      239—240
Learning culture: at General Electric      227 228
Leasco      153
Leeson, Nick      79—80
Lefevre, Edwin      56 82
Leverage      123—124 129 130
Levitt, Arthur      67 153—154 155—157 161 166 183
Limit cycle attractors      43
Linear testing      33—36
Liquidation value      135—136
Liquidity ratio      122—123
Lo, Andrew      25
Loeb, Gerald      11 13 14 65 75
London Stock Exchange      7
Long-term approach      86—88
Longleaf Partner Funds      11
Loomis, Carol      102
Lorenz, Edward      37—38
Loyalty, duty of      178
Lucent      106
LVMH Moet Hennessy Louis Vuittoi      185
Lyapunov exponents (LEs)      43—44
Lyapunov, Aleksandr      43—44
Lynch, Peter      13 14 65
MacKinley, A.Craig      25
Macroeconomic factors      100 103
Malkiel, Burton      12
Management discussion and analysis      105—106 119
Managerial integrity and ability      171—191
Managerial integrity and ability, accounting and      181—183
Managerial integrity and ability, capital markets and      186—187
Managerial integrity and ability, corporate governance and      172—176 183—184
Managerial integrity and ability, information and      188—189
Managerial integrity and ability, key components of      221—222
Managerial integrity and ability, mergers and acquisitions and      178—180 184—186 214—216
Managerial integrity and ability, shareholder primacy and      172—176 180 189—190
Managerial integrity and ability, social responsibility and      176—179. See also Chief executive officers
Mandelbrot, Benoit      45
Mannesmann      180 184—185 188
Margin trading      78—79 80
Market bubbles      8—10 81—86
Market capitalization      8—9
Market cycle      69 72
Market efficiency      64
Market makers, transaction volatility and      59—63
Market share      83—84 159
Market volatility      5—8 34
Marketwatch.com      53
Markowitz, Harry      28 29
Matching expenses and revenues      93—94
Materiality principle      155 160
Mattel      108 213—214
Mazda      185
McDonald's      106 120
McGraw — Hill      194
MCI      106
McLuhan, Marshall      232
Mead      107 194
Mercury Finance      163—164
Mergers and acquisitions: accounting for      154—155
Mergers and acquisitions: defensive tactics in      214—215
Mergers and acquisitions: hostile takeovers      178—180 184—186 214—215
Mergers and acquisitions: offensive tactics in      212—214
Microsoft      114—116 121—130 133—136 141 147—148 174 211 216 217
MicroStrategy      153 166
Mitsubishi      185
Modern Portfolio Theory (MPT)      28—29 64 72
Momentum traders      5 21—22
Month effect      11
Motley Fool      54
Motorola      177
Munger, Charlie      11 14 32 49 134 150
Murphy, Tom      214
Mutual funds      99 177
Nabisco      113 185
NASDAQ      5—7 54 59 62 67 87 186 187
National Association of Corporate Directors(NACD)      197
National Association of Securities Dealers(NASD)      187
National Broadcasting Corporation (NBC)      114
National Securities Markets Improvement Act of 1996      182
National Student Marketing      153 164
Neff, John      11 14
Negative information volatility      52—59
Negative information volatility, accounting trickery and      52 153—167
Negative information volatility, pump-and-dump schemes      56—58
Negative information volatility, rumor-based "news" and      53—58
Negative information volatility, share repurchases and      52 216—217
NEI Webworld      56—58
Neoclassical economic model      31
Nestle      106
Net current assets      137
Netherlands: corporate governance and      175
Netherlands: mergers and acquisitions      185
Network Associates      208
New York Stock Exchange (NYSE)      3—4 5 7 59 62 78 186 187
News cycle      53
Newton, Isaac      37
Nike      107
Nile River Dam project      35
Nissan      182 185
Nixon, Richard      13
Noah effect      46—47
Noise theory      25—28 33—34
Nonlinear systems      31 33—36
Nordstroms      194
Nou — Raudom Walk Down Wall Street, A (Lo and MacKinlay)      25
Nunn, Sam      200
Olivetti      185
Om Gruppen      186
Omnigene Diagnostics      56
On-line brokers      61
Opportunity cost      77
options      79—81 208—212 216—217
Oracle      211
Order flow      60
Osaka Securities Exchange      187
Overconfidence      117 118
Ovitz, Mike      235
Owner orientation      see Shareholder primacy
Pacioli, Luca      153
Packard, Norman      37
PaineWebber      185 187
PairGain Technologies      57
Palm      211
Papa John's Pizza      75
Paramount      179
Paribas      185
Park, Yun Soo Oh (Toyko Joe)      57—58
Pattern seeking      118
Pearson      162—163
Penguin      162—163
Penn Central      153
Pepsi      84 107 127
Perdue      112
Perdue, Frank      112
Perfect markets      22—23
Perot, Ross      225—226
Peters, Edgar      36 44—46
Pfizer      106
Phase portraits      38—43
Philips — Van Heusen Corporation      177
Phynance      36—46
Poincare, Henri      37
Point cycle attractors      43
Polaroid      177 211
Polo Ralph Lauren      107
Ponzi schemes      55
PPP approach, at Coca-Cola      237 241
Practical intelligence, at Coca-Cola      241
Predictors, The (Bass)      37
Present value      97—98
Price, Michael      13
Price, T.Rowe      13
Price/book ratio      147
Price/earnings (P/E) ratio      95—96 148—149
Price/sales ratio      147—148
Pricing discontinuity      46—47
Pricing persistency      46—47
Private Securities Litigation Reform Act of 1995      190
Privatization      184
Procter & Gamble      74—75 85 105 108 113 200
Profit margin      95 126—128
Proxy contests      203—204
Pump-and-dump schemes      56—58
Putnam Berkley      163
Q fever      4—5
Quality of income      131
Quick Market Intelligence (QMI), at General Electric      227
Quick ratio      122—123
Quigley Corporation      55
Raging Bull      54 57
Ralph Lauren      107
Random Walk Doom Wall Street, A (Malkiel)      12
Random walk model      17—22 31
Random walk model, correlation tests and      19—20
Random walk model, described      12—13
Random walk model, H exponent and      35—36
Random walk model, perfect market and      22—23
Random walk model, runs and      20
Random walk model, trading rules and      20—22
Random walk model, validity of      24 35
Random walk model, weak form efficiency and      23—25
Rate of return      95
Ratio analysis      119—132
Ratio analysis, current ratio      121—122
Ratio analysis, debt-to-equity ratio      123—124
Ratio analysis, inventory turns      124—125
Ratio analysis, price/book ratio      147
Ratio analysis, price/earnings ratio      95—96 148—149
Ratio analysis, price/sales ratio      147—148
Ratio analysis, profit margin      95 126—128
Ratio analysis, quick ratio      122—123
Ratio analysis, receivable turns      125—126
Ratio analysis, return on assets      129—131
Ratio analysis, return on equity      128
Ratio analysis, return on investment      128—129
Ratio analysis, working capital      120—121
Rebalancing, trader volatility and      63 64—65 66
Receivables turnover      125—126
Reebok      177
Renault      185
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