Value Investing Forum

Discuss value investing stock ideas

You must be logged in to post
Search Forums:


 






Wildcard Usage:
*    matches any number of characters
%    matches exactly one character

Best valuation, financial statement analysis books?

No Tags
UserPost

1:00 pm
February 17, 2012


somrh

Member

posts 336

11

I couldn't find a used copy that wasn't about the same price as a new copy so I got it new (I still love the smell of a new book). I had a BN gift card that needed using so I effectively got the book for free (well, someone else bought it.)

12:41 pm
February 17, 2012


Graeme

Austin, Texas

Member

posts 180

10

somrh said:


 

I picked this one up (at your suggestion).

 

Let me know how it is! You know…in like a year or so. 

 

Did you find it used?

12:26 pm
February 17, 2012


somrh

Member

posts 336

9

Graeme said:

Although I haven't read it (and want to) the book Valuation: Measuring and Managing the Value of Companies is very thorough. I spent about an hour flipping through it in a bookstore. It's the core textbook used by McKinsey and Co. If you're looking for a baptism by fire, try this one out


 

I picked this one up (at your suggestion).

As for the topic quesiton, I actually went through Shaum's Outline on Intermediate financial accounting (they work as decent cheap standalone texts) so I could get a better understanding of how the accountants prepare the financial statements. I've always had sympathy for operationalism and figure the best way to understand the terminology is to understand the methods and techniques used to arrive at the figures.

6:19 pm
February 5, 2012


jalleninvest

Coronado, CA

Member

posts 22

8

Post edited 10:20 am – February 5, 2012 by jalleninvest


What about Value Investing:  From Graham to Buffett and Beyond  by Bruce Greenwald et al.

Not only does it explain the value analysis concept but sets forth a number of examples of actual companies.  Finally they review a number of fabled value Investors, each with a different style, or approach, to the value investing process.

I've been reading investment books for nearly 50 years, many, many of them, some really great, like The Intelligent Investor, and some well, not so.  This one is very good.

12:47 am
February 5, 2012


lcchong

New Member

posts 2

7

1:36 pm
February 1, 2012


Graeme

Austin, Texas

Member

posts 180

6

Read all things.

11:36 am
February 1, 2012


Jae Jun

Admin

posts 1453

5

Im sure you could also find the Investment Valuation ebook floating around on the internet.

10:57 pm
January 31, 2012


Carlh868

Member

posts 21

4

For valuation, I recommend "Investment Valuation" by Aswath Damodaran. If you are not in a hurry a new edition is coming out later this year. Wink

 

8:56 pm
January 27, 2012


steppenmach

New Member

posts 2

3

I had the opportuntunity to use the McKinsey book that Graeme suggested when I took a corporate finance course at university, and it is extremely comprehensive. It covers valuation in a number of different scenarios: mergers, normal operations, emerging markets, high-growth, financial companies. I find myself referring back to it whenever I find myself in unfamiliar territory.

 

I would also recommend Quality of Earnings by Thornton O'Glove, which covers a several of the myriad of ways that accounting statements can mislead.

 

Of course, Graham and Dodd's Security Analysis will be valuable from a conceptual standpoint.

8:57 am
January 20, 2012


Graeme

Austin, Texas

Member

posts 180

2

Although I haven't read it (and want to) the book Valuation: Measuring and Managing the Value of Companies is very thorough. I spent about an hour flipping through it in a bookstore. It's the core textbook used by McKinsey and Co. If you're looking for a baptism by fire, try this one out

6:02 am
January 20, 2012


Buck

Member

posts 4

1

Hi guys,

as title says Im interested in hearing you opinions. I have some basic knowledge on the subject but not as near as much as I would want to so looking for a good book to start from.  

Ive read that Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports by Ittelson is considered to be a good place to start from but Im unable to find it on pdf.

Any other suggestions are most welcome. Focus is on analysis for long term stock investment and something applicable asap.

Cheers

 

No Tags


About the Stock Valuation Software forum

Forum Timezone: America/Los_Angeles

Most Users Ever Online: 170

Currently Online: matias091
21 Guests

Currently Browsing this Topic:
1 Guest

Forum Stats:

Groups: 4
Forums: 40
Topics: 763
Posts: 4096

Membership:

There are 956 Members
There have been 9 Guests

There is 1 Admin
There are 3 Moderators

Top Posters:

somrh – 336
Graeme – 180
nell – 100
zehua – 96
valueinvestortoday – 80
krackerjack121 – 69

Recent New Members: jman, matias091, foundos, pberardi, JohnnyB, Style

Administrators: Jae Jun (1453 Posts)

Moderators: Jae Jun (1453 Posts), VANYA (1 Post), djsun (0 Posts)