Expectations Investing: Reading Stock Prices for Better Returns

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Expectations Investing: Reading Stock Prices for Better Returns - Rappaport, Alfred, and Mauboussin, Michael J, Mr., and Bernstein, Peter L (Foreword by)

The beauty of expectations investing is that it harnesses the power of the market's own tried-and-true pricing model-discounted cash flow-without requiring difficult and often dubious long-term forecasting. Highly practical, this book provides a strategic framework and corresponding tools for using price-implied expectations.

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