Expectations Investing has ratings and 10 reviews. by. Alfred Rappaport, Rappaport and Mauboussin provide everything the reader needs to utilize the. Expectations Investing: by Michael Mauboussin and Alfred Rappaport, provides investors with a fantastic framework upon which to make critical. A clearly written book on expectations investing written by valuation experts Alfred Rappaport—author of Creating Shareholder Value—and Michael J.
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Mar 20, Jobin Thomas rated it did not like it. Sep 05, Asif rated it liked it.
The title is very misleading! There are some things I don’t understand in the book, and I’ll probably need to ha This book was required reading in my graduate exxpectations.
Expectations Investing: Reading Stock Prices for Better Returns
Michael has been an adjunct professor of finance at Columbia Business School since and is on the faculty of the Heilbrunn Expectatoons for Graham and Dodd Investing. MauboussinPeter L. If you like books and love to build cool products, we may be looking for you. Mauboussin Limited preview – I neither encourage or discourage the purchase of the book.
That is why shortcuts have validity — if you know the critical factors investin drive profitability for a given company or industry, why waste your time on a big model with many inputs? Nothing new in this book. Aser Rodriguez rated it it was amazing Apr 24, That’s not what the authors actually tell us here. More than that, they reflect the opinions of rappxport buy-side. Goodreads helps you keep track of books you want to read.
Rappaport and Mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. Jun 21, George Atuan rated edpectations it was ok.
Not sure how I feel about it, except that it has a preachy vibe to it. An investor who has a fix on the market’s expectations can then assess the likelihood of expectations revisions. Want to Read Currently Reading Read. To see investjng your friends thought of this book, please sign up.
Bit of a letdown actually. This book was required reading in my graduate program. Finding the drives if the share price will tell you where to focus your research efforts for finding potential expectations revisions. Trivia About Expectations Inve No trivia or quizzes yet. It reminds me of the time I picked up The Paleo Diet, hoping to learn about the science behind a processed-food-free alfres. Dibakar Mushahary rated it liked it Jan 11, They are asking us to look at consensus analyst estimates from some data providers like Bloomberg.
He is also co-author, with Alfred Rappaport, of Expectations Investing: Books by Alfred Rappaport. Market prices are not just a reflection of sell-side analyst estimates. It is highly sensitive to assumptions one employs.
Bernstein Limited preview – I regret spending time on this book forget the money spent. Investors who use Expectations Investing will have a fundamentally new way to evaluate all stocks, setting them on the path to success. It lends itself easily to garbage in, garbage out. Nov 16, Rafael Jose Velasquez rated it really liked it. The first third is quick summaries of basic investment concepts.
The title makes us think that we will be able to reverse-engineer the DCF assumptions, which the market is pricing-in for a particular stock. Dudu Hdyr rated it really liked it Jan 31, Huge fan of Mauboussin, but expecctations hoping for more on decomposing expectations. Investment Strategist at Credit Suisse. Maria Lernerman rated it it was amazing Mar 24, Rappaport and Mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully.
Beyond that, the analyst needs to understand how the company in question fits into its industry. Michael earned an A. Preview — Expectations Investing by Alfred Rappaport. That said, inverted DCF can work without discount rates. Mauboussin No preview available – Mel Blann rated it liked it Aug 10, The book takes the approach that the discount rates are the less critical factor, because when they change for one expectatinos, they typically change for all firms.