Money Machine: The Surprisingly Simple Power of Value Investing, 1st Edition

  • Gary Smith
  • Published By:
  • ISBN-10: 0814438571
  • ISBN-13: 9780814438572
  • DDC: 332.6
  • Grade Level Range: College Freshman - College Senior
  • 320 Pages | eBook
  • Original Copyright 2017 | Published/Released June 2017
  • This publication's content originally published in print form: 2017

  • Price:  Sign in for price



Investing in the market doesn’t have to be reckless speculation—gambling on guesses about zigs and zags in stock prices. This book explains how to invest based on value, selecting stocks that will continue to enrich you for years to come. Value investing is the secret to the success of Warren Buffet, Benjamin Graham, and other Wall Street legends. It can be your secret, too. Discover how to:

• Judge a stock by the cash it generates • Determine its intrinsic value • Use key investment benchmarks such as price-earnings ratio, dividend-price ratio, q ratio—and the Bogle and Shiller models • Recognize stock market bubbles and profit from panics • Avoid psychological traps that can trip you up • And more

Table of Contents

Front Cover.
Title Page.
Value Investing.
1: Seeing Through the Hype.
2: Speculation Versus Investing.
3: Semi-Efficient Markets.
4: Torturing Data.
5: Baubles and Bubbles.
6: Intrinsic Value.
7: Investment Benchmarks.
8: The Conservation of Value.
9: We’re Only Human.
Value Investing Applied.
10: The Right Attitude.
11: KISS.
12: Timing the Market.
13: Picking Stocks.
14: Closed-End Funds.
15: Special Opportunities.
16: Investing In Your Home.
Appendix to Chapter 16: First-Year Home Dividend in Fishers.
Afterword: Summing It Up.
About The Author.
Copyright Page.