Streetsmart Guide to Valuing a Stock

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Summary: Insightful!
Review: Everything you need to know about how to value a stock is inside this book - somewhere. Finding it however, can be a problem, as it sometimes seems that the editors used the random dart theory of selection in putting together the chapters. For example, in order to understand the concepts presented in Chapter two, you need information that is contained in Chapters three and five. Once you figure out how to navigate it, though, this book is a valuable resource and a powerful educational tool for investors from neophyte to intermediate. It's encyclopedic in its scope, and the pages in the included glossary are sure to become dog-eared from use. We [...] recommend this book to investors of all levels. Beginners will learn critical concepts and terms, while more experienced investors will come to rely on this book as a trusted reference companion.


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Summary: Must have for anyone that invests in stocks!!!
Review: Finally, there is a book that answers the question, "what is the stock truely worth?" The software makes it really easy to value companies, and has helped me a great deal in my investment decisions.

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Summary: Not worth the price
Review: I expected much more from this book but it really dispointed me. The book does provide spreadsheet approach to valuating stock but it could have been reduced to half of its lenght to save paper.

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Summary: Great As A 'REFRESHER Course' Too !
Review: i found that the authors convesational style drifted in and out of his description of his discounted cash flow formula, making the 'chain' or 'formula' difficult to follow. i had to go to the website to get an overview while reading the book to make heads or tails of the system. i think he only wrote the book to sell his software. a more direct, no nonsense, clearly written choice would be john malloy's 'what are stocks really worth'. this gives the investor a customized formula for his needs. it is EXCELLENT. buy this book and make your own spreadsheet- you'll be glad you did

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Summary: Really practical?
Review: I only read this book briefly so my comments may not be correct. I am a technician, but I don't reject fundamental analysis. Actually, I want to learn more about FA. But I found the methods used by the authors require the users to forecast many values of a company e.g. sales, profits. Even more, it requires the values many years later. Is it possible to do so in such volatile market today? And is FA helpful in a bear market? Is this also a problem of FA?

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Summary: A serious approach to putting a dollar figure on the value
Review: The methodology doesn't cover some industries (financial, insurance etc) but for the majority of companies this will come up with an intrisic value (not book value) of the future earnings discounted over time for inflation, risk etc. I made a spreadsheet that does the methodolgy the book teaches, but the author has one for sale. I wish I had the spreadsheet before reading it, as I had to reread sections to gain a good understanding after I had the spreadsheet. It allows you to follow along his examples and "see" the numbers and forecasts effect the valution. I will email my version to any interested parties. No instructions, bare bones, but works. You wont understand it without the book.

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Summary: Sound Economics
Review: This book offers an economically sound approach to stock valuation. The associated free website is also very useful.