True Rules of the Stock Market

Author: (USA) Pat Dorsey
Publisher:
Publish Date: 2006-01-01
Features: Morningstar, a world-class rating agency, is renowned for its independent analysis and research on stocks and funds. As the head of Morningstar's stock research department, Pat Dorsey systematically elaborates on the investment methods and principles of fundamental analysis and stock valuation in this book: assessing the intrinsic value of listed companies, selecting stocks worth investing in, and avoiding investment pitfalls. Additionally, Dorsey collaborates closely with multiple high-level analysts at Morningstar to provide research methods and key points for investment in 13 top-tier industries, including banking, software, healthcare, and more. Such a work, jointly authored by an internationally renowned institution, internationally famous analysts, and their teams, is extremely rare in the world today. The methods and principles for selecting stocks presented in the book are highly practical, thoroughly tested by time and the market, and have established Morningstar's unparalleled authority in the U.S. securities market. Even more valuable is that it is entirely suitable for the Chinese securities market and Chinese investors. Whether you are just preparing to enter the stock market or have been battling in it for many years, if you can personally apply the methods in the book to analyze listed companies rather than just browsing through them, I believe this book will change your investment life... The book elaborates on the investment methods and principles of fundamental analysis and stock valuation: assessing the intrinsic value of listed companies, selecting stocks worth investing in, and avoiding investment pitfalls, etc.