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Security Analysis on Wall Street: A Comprehensive Guide to Today's Valuation Methods, Univ. Edition

Security Analysis on Wall Street: A Comprehensive Guide to Today's Valuation Methods, Univ. Edition

List Price: $122.85
Your Price: $122.85
Product Info Reviews

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Rating: 5 stars
Summary: Hooke's book is a good practical guide
Review: Hooke's book was a fine overall review of how Wall Street pros evaluate common stocks. He showed many examples of actual firms, and he supplies a lot of anecdotes. The book reads pretty well, and it covers a good variety of industries, including hi-tech, distressed companies and emerging markets.

Rating: 4 stars
Summary: Very resourceful from a broad persperctive
Review: I would recommend this book to someone who wants a broad exposure of "Security Analysis on Wall Street." Mr. Hooke gives a great overview of the many facets of securities analysis. The drawback of this book is that it lacks specifics. For example, I was interested in getting a deeper analysis of valuation methodologies, however, what I found was a general overview of this section--the author then jumped right on to the next section. This example relates to all of the topic areas. Going deeper into topic areas so that more educated and experienced readers could get insight was not available for the most part. Nevertheless, I rate this book 4 stars because it does a great job of giving a strong overview of security analysis. I would recommend this book, especially for beginners and intermediate students and practitioners.

Rating: 4 stars
Summary: Very resourceful from a broad persperctive
Review: My opinion, this book is good in a broad sense, but certainly not thatin depth. Comparing it to Graham and Doddville is streching. Sorry, I disagree. Of course, this is my opinion and other might have different opinion.

Rating: 5 stars
Summary: Terrific summary of how to value a stock!
Review: The book is a terrific summary of how to value a stock. It gives a step by step outline of the process for a variety of stock categories. For example,you can value a manufacturing company with one technique, while savings and loans stocks and hi tech stocks , for example, require other methods. The book explains how all these different industries are handled.

The first five chapters really gave me the insiders view of how Wall Street operates, and how it prices IPO's, for example. The author, Jeffrey Hooke, worked on Wall Street a lot, and he doesn't pull any punches. Many things that go on are only semi-honest and he isn't afraid to reveal the dark underbelly of the securities business. I really liked the way he showed how many firms exaggerate their sales and earnings per share. You nevre see this sort of thing in other books.

Just by following his advice on pricing stocks on a relative value basis saved me about $3,000 on a recent trade. I recommend this book.

Rating: 5 stars
Summary: Powerful and Incisive
Review: This may be the best book currently available on investing because it is so relevant to today's security analysis,not just some ancient tome like Graham and Dodd's. this book is worlds better and much more practical. It emphasizes exactly what the "powers that be" on Wall Street look for and that is simply GOLD!


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