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    Money Machine: The Surprisingly Simple Power of Value Investing
    Unavailable
    Money Machine: The Surprisingly Simple Power of Value Investing
    Unavailable
    Money Machine: The Surprisingly Simple Power of Value Investing
    Ebook419 pages5 hours

    Money Machine: The Surprisingly Simple Power of Value Investing

    By Gary Smith

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    About this ebook

    Overheard a seductive stock tip? Saw a story on a promising new product? Stop chasing quick payoffs that will never pan out. If you want to succeed in the market, start thinking of stocks as money machines.

    Investing in the market doesn't have to be reckless speculation—gambling on guesses about zigs and zags in stock prices. Money Machine 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

    The stock market is not a get-rich-quick scheme. But it is the best way to achieve the financial success you've always dreamed of. Money Machine will help you make those dreams come true.

    LanguageEnglish
    PublisherAMACOM
    Release dateJun 8, 2017
    ISBN9780814438572
    Author

    Gary Smith

    Gary Smith received his B.S. in Mathematics from Harvey Mudd College and his PhD in Economics from Yale University. He was an Assistant Professor of Economics at Yale University for seven years. He is currently the Fletcher Jones Professor of Economics at Pomona College. He has won two teaching awards and has written (or co-authored) seventy-five academic papers, eight college textbooks, and two trade books (most recently, Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie With Statistics, Overlook/Duckworth, 2014). His research has been featured in various media including the New York Times, Wall Street Journal, Motley Fool, NewsWeek and BusinessWeek. For more information visit www.garysmithn.com.

    Read more from Gary Smith

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