A real-world guide to becoming a top-performing equity analyst
Praise for Best Practices for Equity Research Analysts:
"Jim Valentine has taken his decades of experience as a highly successful security analyst and written an effective and comprehensive guide to doing the job right. I only wish I had this book by my side throughout my career." -- Byron R. Wien, Vice Chairman, Blackstone Advisory Partners LP
"Given the fast pace and high-pressure nature of the markets, analysts don't have the luxury to make mistakes. James J. Valentine's Best Practices for Equity Research Analysts should be required reading for all new and experienced analysts, particularly those who were not lucky enough to be brought up in the business under a mentor. Valentine can be that mentor." -- Jami Rubin, Managing Director, Global Investment Research, Goldman Sachs
"Jim's book is an excellent window into the world of securities research. Very few works cover the complete life cycle of an analyst and the necessary balance between theory and practice. This is one of them." -- Juan-Luis Perez, Global Director of Research, Morgan Stanley
"Valentine's book doesn’t rehash the basics of finance but covers all the nonacademic topics in terms of how the analysts should manage their time, resources, data, and contacts in order to come up with the best stock picks. This book is required reading for beginning analysts and a must-read for all analysts who want to develop an edge." -- Carl Schweser, Founder of Schweser’s Study Program for the CFA Exam
"Best Practices for Equity Research Analysts is by far the best written and most comprehensive book that I have read on how to become a top-notch analyst. I shouldn't be surprised; it was written by one of the best analysts that Wall Street has ever seen. Every securities firm should require their analysts to read this book." -- Eli Salzmann, Portfolio Manager
Most equity research analysts learn their trade on the job by apprenticing under a senior analyst. However, equity analysts who work for senior producers often have little time or incentive to train new hires, and those who do have the time may not have research skills worth emulating.
Now, Best Practices for Equity Research Analysts offers promising equity research analysts a practical curriculum for mastering their profession. James J. Valentine, a former Morgan Stanley analyst, explains everything today's competitive analyst needs to know, providing practical training materials for buyand sell-side research analysis in the United States and globally.
Conveniently organized for use as a learning tool and everyday reference on the job, Best Practices for Equity Research Analysts covers the five primary areas of the equity research analyst's role:
Identifying and monitoring critical factors
Creating and updating financial forecasts
Deriving price targets or a range of targets
Making stock recommendations
Communicating stock ideas
Expanding upon material covered in undergraduate courses but written specifically to help you perform in the real world, this authoritative book gives you access to the wisdom and expertise of leading professionals in the field. You'll learn best practices for setting up an information hub, influencing others, identifying the critical factors and information sources for better forecasting, creating a better set of financial forecast scenarios, improving valuation and stock-picking techniques, communicating your message effectively, making ethical decisions, and more.
Without Best Practices for Equity Research Analysts, you're just treading water in the sink-or-swim world of the equity analyst.
洋画儿 内容简介 洋画儿属于文化遗产,中、西文化通过洋画儿达到互补,中国的京剧,西方的歌剧;中国的水墨画,西方的油画;中国的太极拳,西方的拳击;中国的长袍马褂,...
理财工具箱-跟刘彦斌学理财 本书特色 储蓄、债券、基金、股票、房地产、保险……一流理财专家为你,详细理解各种理财产品。理财工具箱-跟刘彦斌学理财 内容简介 《理...
罗伯特·哈格斯特朗(Robert G. Hagstrom)美盛投资顾问公司首席投资策略师、董事总经理。他是美国知名的以善于写作巴菲特及芒格思想理念而著称的作家,...
国宝档案 内容简介 源远流长的中华文明为我们留下了众多弥足珍贵的文化遗产,流光溢彩、精美绝伦的国之魂宝让每一个接近它的人恍如身临其境。几乎每一件奇珍异宝的背后都...
《杨百万股市战例》是中国第一股民——杨百万精心奉献给大家的二十年实战案例,也是这位平民股神的封笔之作。感恩股市——是这位
提纲挈领直击报表核心抽丝剥茧还原数据本质本书从管理者视角出发,以开创性的“八看”分析框架为路径,从战略、经营资产管理与竞
本书作者向读者介绍了一种新的理财方法——金钱再生法。这是一种完全不同的理财理念,他对我们运用贷款进行超前消费这种目前非常
汪标 ,《理财周刊》副总编、上海理财专修学院副院长,上海十佳理财之星评选活动评委。毕业于清华大学,并于美国伊利诺伊大学芝加哥分校获硕士学位。汪标长期研究理财领域...
本书作者曾任布什和克林顿两届总统顾问,25岁即担任花旗银行副总裁,是美国著名的经济学家。本书是最这迄今为止最著名的著作。全
专业投资者选股策略、方法和工具 本书特色 本书首先要告诉你如何从基本面分析一个企业的竞争优势,以及这个优势的持续性,对于普通投资者,不符合竞争优势原则的企业是坚...
《赛道为王(红杉资本的投资哲学)》以红杉资本*名投资人唐·瓦伦丁、迈克尔·莫瑞茨等人的创投经历为主,透过经典投资案例、*新
小女人的理财经 本书特色 很多家庭主妇有良好的习惯,她们每天都会把家庭当天的收入和支出记录下来,到月底进行总结,这其实就是简单的会计工作。那么,我们为什么会觉得...
淘趣无疆-一个外交官的非常收藏 本书特色 文化、风俗、收藏、品质融于一身,告诉你什么才是有味儿的生活。淘趣无疆。一个外交官的非常收藏。从原始、古朴的非洲大陆,到...
名家谈鉴定-古典家具鉴定(精装)名家谈鉴定-古典家具鉴定(精装)前言 中华文化博大精深,在其悠久的发展长河中,产生了众多令人瞩目的文明成果,古典家具就是其中一颗...
沃伦.巴菲特:给投资人的80个忠告 内容简介 和股市巨子活伦·巴菲物共进一顿午餐,要价多少? 在Ebay网站拍卖的结果是二十万零一百美金! 要聆听他对投资的谆谆...
瓷之色 内容简介 马未都先生多年致力于文物收藏与研究,在陶瓷、家具等文物领域享有盛名。出版过多本文物研究与收藏的书籍。此次马未都转变了视角,从陶瓷所呈现的色彩,...
《解套第一课:拯救你的大脑和钱袋》内容简介:如果你牢牢被套,怎么办?想要拯救钱袋,先要拯救你的大脑。解套精妙在于不是为了“
对冲基金行业造就无数富可敌国的金融巨鳄,想一想这些耳熟能详的基金经理名字——乔治•索罗斯、路易斯•贝肯、保罗•都铎•琼斯……
驾驭股市周期成为真正的股市神猎手透视复杂规律投资攻守自如万无一失•8月股市空空如也?9月行情声名狼藉?历史上股市的三次崩盘都
Stocksandbonds?Realestate?Hedgefunds?Privateequity?Ifyouthinkthosearethethingsto...