The Investment Checklist :The Art of In-Depth Research

Publication subTitle :The Art of In-Depth Research

Author: Michael Shearn  

Publisher: John Wiley & Sons Inc‎

Publication year: 2011

E-ISBN: 9781118149430

P-ISBN(Hardback):  9780470891858

Subject: F830.91 Securities Market

Language: ENG

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Description

A practical guide to making more informed investment decisions

Investors often buy or sell stocks too quickly. When you base your purchase decisions on isolated facts and don't take the time to thoroughly understand the businesses you are buying, stock-price swings and third-party opinion can lead to costly investment mistakes. Your decision making at this point becomes dangerous because it is dominated by emotions. The Investment Checklist has been designed to help you develop an in-depth research process, from generating and researching investment ideas to assessing the quality of a business and its management team.

The purpose of The Investment Checklist is to help you implement a principled investing strategy through a series of checklists. In it, a thorough and comprehensive research process is made simpler through the use of straightforward checklists that will allow you to identify quality investment opportunities. Each chapter contains detailed demonstrations of how and where to find the information necessary to answer fundamental questions about investment opportunities. Real-world examples of how investment managers and CEOs apply these universal principles are also included and help bring the concepts to life. These checklists will help you consider a fuller range of possibilities in your investment strategy, enhance your ability to value your investments by giving you a holistic view of the business and each of its moving parts, identify the risks you are taking, and much more.

  • Offers valuable insights into one of the most important aspects of successful investing, in-depth research
  • Written in an accessible style that allows aspiring investors to easily understand and apply the concepts covered
  • Discusses how to think through your investment decisions more carefully

With The Investment Checklist, you'll quickly be able to ascertain how well you understand your investments by the questions you are able to answer, or not answer, without making the costly mistakes that usually hinder other investors.

Chapter

Contents

pp.:  5 – 9

Preface

pp.:  9 – 13

Acknowledgments

pp.:  13 – 21

Chapter 3: Understanding the Business—from the Customer Perspective

pp.:  43 – 61

Chapter 4: Evaluating the Strengths and Weaknesses of a Business and Industry

pp.:  61 – 75

Chapter 5: Measuring the Operating and Financial Health of the Business

pp.:  75 – 119

Chapter 6: Evaluating the Distribution of Earnings (Cash Flows)

pp.:  119 – 159

Chapter 7: Assessing the Quality of Management—Background and Classification: Who Are They?

pp.:  159 – 195

Chapter 8: Assessing the Quality of Management—Competence: How Management Operates the Business

pp.:  195 – 231

Chapter 9: Assessing the Quality of Management—Positive and Negative Traits

pp.:  231 – 277

Chapter 10: Evaluating Growth Opportunities

pp.:  277 – 303

Chapter 11: Evaluating Mergers & Acquisitions

pp.:  303 – 327

Appendix A: Building a Human Intelligence Network

pp.:  327 – 345

Appendix B: How to Interview the Management Team

pp.:  345 – 353

Appendix C: Your Investment Checklist

pp.:  353 – 357

Notes

pp.:  357 – 361

About the Author

pp.:  361 – 373

Index

pp.:  373 – 375

LastPages

pp.:  375 – 386

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