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Informationen zum Autor Thomas Villalta, CFA, is the lead portfolio manager for the Jones Villalta Opportunity Fund, and the Chief Investment Officer for Jones Villalta Asset Management. Having worked for twenty years in investment analysis and having taught university courses for seven years, Mr. Villalta brings a unique perspective that bridges theory with real-world application. In addition to having appeared numerous times on Fox Business, CNBC, AOL DailyFinance, and TheStreet.com, he has been frequently quoted in the Wall Street Journal, Barron's, Bloomberg Businessweek, CNN, and many other media outlets. Klappentext The practical guide to finding value and opportunity in large-cap stocks using investor behaviorLarge-Cap is an abbreviation of the term "large market capitalization" and refers to the stock of publicly traded companies with market capitalization values of roughly more than $10 billion, like Walmart, Microsoft, and Ford. Because of their size, the conventional view is that these companies do not present investors with an ability to be opportunistic. The Large-Cap Portfolio + Website argues that, contrary to popular perceptions, significant opportunities exist in these stocks.Written with a fluency that both the savvy amateur and professional investor will understand, the book fills a void in the market by offering the practitioner a methodology to identify and approach the major assumptions that underlie valuation, with an emphasis on issues that are more relevant to the analysis of large-cap stocks.* Full of useful information on how to reap the rewards of stocks that most investors avoid* Presents essential insights into understanding stock valuation* Includes an actionable chapter devoted to portfolio managementPacked with timely instruction, Large-Cap Portfolio gives readers invaluable insights and examples of how to build portfolios that will out-perform broad market benchmarks. Zusammenfassung The practical guide to finding value and opportunity in large-cap stocks using investor behaviorLarge-Cap is an abbreviation of the term "large market capitalization" and refers to the stock of publicly traded companies with market capitalization values of roughly more than $10 billion, like Walmart, Microsoft, and Ford. Because of their size, the conventional view is that these companies do not present investors with an ability to be opportunistic. The Large-Cap Portfolio + Website argues that, contrary to popular perceptions, significant opportunities exist in these stocks.Written with a fluency that both the savvy amateur and professional investor will understand, the book fills a void in the market by offering the practitioner a methodology to identify and approach the major assumptions that underlie valuation, with an emphasis on issues that are more relevant to the analysis of large-cap stocks.* Full of useful information on how to reap the rewards of stocks that most investors avoid* Presents essential insights into understanding stock valuation* Includes an actionable chapter devoted to portfolio managementPacked with timely instruction, Large-Cap Portfolio gives readers invaluable insights and examples of how to build portfolios that will out-perform broad market benchmarks. Inhaltsverzeichnis Acknowledgments xiPreface xiiiPART I: THE LARGE-CAP OPPORTUNITY AND CHALLENGECHAPTER 1 Trends in Large-Cap Investing and the Opportunities They Present 3Defi ning a Large-Cap Stock 4Understanding the S&P 500 Index 8Examining the Growth of Indexed Equities 10Defi ning Active Management 13So What Does This Mean for Investors? 25Two Additional Considerations 28Finally, Something Timely 29Conclusions 31Notes 31CHAPTER 2 Risk and Uncertainty 35Financial Measures of Risk 37Accounting Measures of Risk 41Differentiating between Certain and Uncertain Cash Flows 43Conclusions 48Notes 49PART II: MARKET INEFFICIENCYCHAPTER 3 An Int...
