The Financial Times Guide to Making the Right Investment Decisions is the
insider’s guide to how the market examines companies and values shares. It helps you
understand the factors that drive long term wealth creation as well as highlighting the
key risks that lead to value being destroyed.
Originally published as Analysing Companies and Valuing Shares, this new
edition has been fully revised and includes a new and easy to follow framework for
understanding valuation. Perfect for investors at all levels, it guides you through the
investment maze, and highlights the key issues you need to consider to invest
successfully.
The FT Guide to Making the Right Investment Decisions covers:
- Sector and market background
- Management and strategy
- Performance and returns
- Financial position
- The outlook
- Absolute valuation – discounted cash flow
- Relative valuation
- The investment decision – buy or sell?
Michael Cahill is an established analyst and coach, and head of
MarketMatters, a training company that specialises in demystifying company valuation and
how markets work. A Cambridge economics graduate, he worked for 16 years as an investment
analyst in both broking and fund management, including 10 years at UBS Warburg as a member
of one its top-rated research teams.
Table of Contents
Introduction
1 The Valuation Villa
2 Sector and Market background
3 Management and Strategy
4 Performance and Returns
5 Financial Position
6 The Outlook
7 Absolute Valuation – Discounted Cash flow (DCF)
8 Relative Valuation
9 The Investment Decision – buy or sell?
Glossary
Index
368 pages, Paperback