The New Value Investing. How to Apply Behavioral Finance to Stock Valuation Techniques and Build a Winning Portfolio 12+

📖 The aim of value investing is to identify stocks that are undervalued and which can be expected to produce an above average return in the future. And the message from the history of investing is clear: if you successfully pursue a value investing strategy over the long term, you will earn an above average return on your portfolio. The goal of The New Value Investing is to help you identify undervalued stocks and teach you how to build your own successful value investing portfolio.Added to this, it is important to understand that value investing is inextricably linked with behavioral finance, and research advances in this area in recent years strengthen the case for value investing. The author explains how stock prices are determined by emotional crowds, how this leads to mispriced stocks and opportunities for the value investor, and how you can harness the insights of behavioral finance to improve your value investing approach.As you work through this book, the author shows how to follow the path from analysis of the economy, to the industry, to company financial statements, to creating a value range for a company's stock. You will learn:-- How to remove emotion from your investment process.-- The essential elements of portfolio construction.-- What a value investor should observe in the wider economy and the market.-- Where to find investment ideas.-- How to read a company's financial statements from a value investing perspective.-- Dividend valuation, earnings valua...