Looks at security analysis and business valuation, as practiced by Wall Street, Corporate America, and international businesses. This book shows the methodical process that practitioners use to value common stocks and operating companies and to make buy/sell decisions.

The #1 best-selling guide to business valuation, newly updated and revised Valuation, University Edition, Eighth Edition: Measuring and Managing the Value of Companies is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on for more than 30 years. Now in it’s eighth edition, this volume continues to help professors and students around the world gain a deep understanding of valuation and help their companies create, manage, and maximize ec...

De meeste vermogensbeheerders en beleggingsfondsen beloven de markt te verslaan, anders kunnen ze hun hoge kosten niet verantwoorden. Ze kweken de Illusie dat dit ze ook lukt, door het actief selecteren van aandelen, het timen van markt en het selecteren van fondsen (de 3 ‘beleggingspelletjes’). Helaas blijkt uit ruim 50 jaar wetenschappelijk onderzoek dat dit in de praktijk niet klopt. Niemand heeft continu superieure kennis en de markt laat zich ook niet ‘timen’. Er zijn geen ...

Option theory is difficult. To learn option theory, a beginning professional option trader will get an in-

depth education of at least 6 months at a professional trading firm. After learning the theory, it

usually takes several years to obtain the necessary trading experience. However, it starts with the

theory. There are many books written about options and option theory. Every professional trader is

familiar with “Hull” and “Natenberg”. Although these books are very complete, they a...