Picture 1 of 1
Stock photo
Picture 1 of 1
Stock photo
Security Analysis on Wall Street : A Comprehensive Guide to Today's Valuation Methods by Jeffrey C. Hooke (1998, Hardcover)
AlibrisBooks (464050)
98.6% positive feedback
Price:
$170.92
Free shipping
Returns:
30 days returns. Buyer pays for return shipping. If you use an eBay shipping label, it will be deducted from your refund amount.
Condition:
New Hard cover
- Buy It NowSecurity Analysis on Wall Street: A Comprehensive Guide to Today's Valuation
Oops! Looks like we're having trouble connecting to our server.
Refresh your browser window to try again.
About this product
Product Identifiers
PublisherWiley & Sons, Incorporated, John
ISBN-100471177415
ISBN-139780471177418
eBay Product ID (ePID)1058709
Product Key Features
Book TitleSecurity Analysis on Wall Street : a Comprehensive Guide to Today's Valuation Methods
Number of Pages448 Pages
LanguageEnglish
TopicInvestments & Securities / Analysis & Trading Strategies, Personal Finance / General, Investments & Securities / General
Publication Year1998
IllustratorYes
GenreBusiness & Economics
AuthorJeffrey C. Hooke
Book SeriesFrontiers in Finance Ser.
FormatHardcover
Dimensions
Item Height1.2 in
Item Weight34.5 Oz
Item Length10.4 in
Item Width7.2 in
Additional Product Features
Intended AudienceTrade
LCCN97-046366
Reviews"Mr. Hooke does an admirable job of stripping away the wrapping paper to reveal the fundamentals of analyzing companies and their stocks and bonds that are traded in the public marketplace." -Samuel L. Hayes III, Jacob H. Schiff Professor of Investment Banking, Harvard University Graduate School of Business Administration "Jeffrey Hooke has provided a comprehensive and readable explanation of the issues involved in determining company valuations. This book should become required reading for analysts and investment managers." -Steven W. Golann, Director, Mercury Asset Management International Ltd. "One of the toughest issues facing an investment professional is valuation. Jeff Hooke in his book Security Analysis on Wall Street deals with this issue in a comprehensive manner by providing not only a framework to evaluate the dynamics that determine value, but also tools that can be put to practical use. I consider this book a serious contribution to the art of valuation." -George Konomos, Investment Manager Cambridge Capital Fund, L.P.
Dewey Edition22
Series Volume Number39
Dewey Decimal332.63/2
Table Of ContentTHE INVESTING ENVIRONMENT. Why Analyze a Security? Who is Practicing Security Analysis? Seeking a Level Playing Field. Other Sources of Information. PERFORMING THE ANALYSIS AND WRITING THE RESEARCH REPORT. Starting the Analysis. Industry Analysis. Company-Specific Analysis. Financial Statement Analysis of an Established Business. The Limitations of Accounting Data. Financial Analysis and Stock Characterization. Financial Projection Pointers. VALUATION AND THE INVESTMENT DECISION. Modern Approaches to Valuation. The Relative Value Approach. Valuing Marginal Performers. The Mergers and Acquisitions Market, Leveraged Buyouts, and Takeovers. Breakup Analysis. Recommended Investment Decision. SPECIAL CASES. Cash Flow Stocks. Natural Resource Stocks. Financial Industry Stocks. Insurance Companies. Highly Speculative Stocks. Distressed Securities and Turnarounds. International Stocks. Emerging Markets: The Final Frontier. SUMMARY. Closing Thoughts on Security Analysis. Index.
SynopsisA dynamic real-world approach to security analysis. For more than 65 years, Graham and Dodd's Security Analysis has been the number-one guide on the subject. Offering an up-to-the-minute, real-world view of security analysis as it is currently practiced, this book picks up where Graham and Dodd leave off. Jeffrey Hooke describes the four major valuation techniques now in use, emphasizing the differences between academic abstraction and the nitty-gritty of actual securities trading. He also provides detailed coverage of special situations such as distressed securities, unusual industries, and foreign securities. Jeffrey C. Hooke (Potomac, Maryland) is a corporate financial consultant. Formerly an investment executive for the International Finance Corporation, he also spent ten years with Lehman Brothers and Schroder Wertheim. He is an adjunct professor at the University of Maryland School of Business., Advance praise for this groundbreaking look at Security Analysis on Wall Street"Mr. Hooke does an admirable job of stripping away the wrapping paper to reveal the fundamentals of analyzing companies and their stocks and bonds that are traded in the public marketplace." -Samuel L. Hayes III Jacob H. Schiff Professor of Investment Banking Harvard University Graduate School of Business Administration"Jeffrey Hooke has provided a comprehensive and readable explanation of the issues involved in determining company valuations. This book should become required reading for analysts and investment managers." -Steven W. Golann Director Mercury Asset Management International Ltd."One of the toughest issues facing an investment professional is valuation. Jeffrey Hooke in his book Security Analysis on Wall Street deals with this issue in a comprehensive manner by providing not only a framework to evaluate the dynamics that determine value, but also tools that can be put to practical use. I consider this book a serious contribution to the art of valuation." -George Konomos Investment Manager Cambridge Capital Fund, LP Praise for M & A: A practical Guide to Doing the Deal"Jeffrey Hooke has done a fine job of explaining the a'ins and outsa? of a very complex business. He knows what hea's talking about." -John C. Whitehead former co-Chairman Goldman, Sachs & Co.The principles of investing have always been simple: buy low, sell high. The investor who can find the right stocks to buy at the right time will reap the rewards, but the information needed to make these potentially lucrative decisions is often difficult to come by, then hard to decipher, and rely on.This authoritative new book shows that rational, rigorous analysis is still the most successful way to evaluate securities. It picks up where Graham and Dodda's bestselling Security Analysis -for decades considered the definitive word on the subject -leaves off. Providing a practical, up-to-the-minute view, Security Analysis on Wall Street shows how the values of common stocks are really determined in todaya's marketplace.Proper stock valuation is one of the most challenging tasks in finance, and it has been the subject of continual discussion and debate over the years. As Hooke points out, "Theories abound on the appropriate methodology for establishing valuation, ranging from the quasi-scientific discipline of the a'intrinsic valuea? believer to the emotional ravings of the anticipation investor. . . . The market price of any stock thus represents a jumble of contradictory expectations and hypotheses, influenced constantly by investors processing new data and evaluating changing circumstances."Rising above the "jumble," security analysis dictates that the selection of specific stocks for purchase or sale should be based on a rational analysis of investment values. Applied over the long term, in a disciplined manner, this method can produce superior results. Security Analysis on Wall Street takes a revealing look at the complete security evaluation process and its complex inner workings, as well as the major valuation techniques currently being used by Wall Street professionals.Beginning with an overview of the environment in which stocks are issued, researched, bought, and sold, Hooke examines the roles of the various players, the rules of the markets, and the activities surrounding initial public offerings. He then probes the intricacies of analyzing and reporting on securities with proven methods for evaluating the merits of a stock. This sophisticated yet straightforward system enables the investor to assess profitable firms, as well as marginal performers, leveraged buyouts, and corporate takeovers, and -most importantly -to break down different analyses and get the big answers: Is the security fairly valued, and if not, should it be a "buy" or a "sell"?Incorporating dozens of real-world examples, and spotlighting
LC Classification NumberHG4529.H66 1998
All listings for this product
Be the first to write a review
