Valuing and Investing in Equities: CROCI: Cash Return on Capital Investment

Valuing and Investing in Equities: CROCI: Cash Return on Capital Investment develops a common-sense framework for value investors. By distinguishing investors from speculators, it acknowledges the variety of styles and goals in the financial markets. After explaining the intuition behind due diligence, portfolio construction, and stock picking, it shows the reader how to perform these steps and how to evaluate their results. Francesco Curto illuminates the costs and opportunities afforded by valuation strategies, inflation, and bubbles, emphasizing their effects on each other within the CROCI framework. Balancing analytics with an engaging clarity, the book neatly describes a comprehensive, time-tested approach to investing. Annual returns from this investment approach demand everyone's attention. Describes the Cash Return on Capital Invested (CROCI) methodologyShows how CROCI identifies undervalued and overvalued sectorsProvides a step by step approach in building investment strategiesPresents 20 years of insights from CROCI's valuation and investment resultsHighlights the practical advantages of CROCI over other factors INDICE: 1. Equities, Back to Basics2. Equities and the World from the Bottom3. Equities and the Academic World4. Investing in Equities

• ISBN: 978-0-12-813848-9
• Editorial: Academic Press
• Encuadernacion: Rústica
• Páginas: 250
• Fecha Publicación: 01/03/2020
• Nº Volúmenes: 1
• Idioma: Inglés