Cash Flow and Security Analysis

By Kenneth S. Hackel

Book Overview

Revised This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 1556233876
• ISBN13: 9781556233876
• Release Date: January 1
• Publisher: McGraw-Hill School Education Group
• Length: 310 Pages
• Weight: 1.55 lbs.
• Dimensions: 9.8" x 1.0" x 6.7"

Customer Reviews

Best Investing Book I Have Ever Read

This book lays the foundation for making money in the markets. It is clear and to the point. The only book you really need.

UP 45% LAST YEAR THANKS TO THIS BOOK!!

I'VE COMPLETELY AVOIDED THE INTERNET HIGHFLYERS-THEY DON'T GENERATE FREE CASH FLOW. ON THE OTHER HAND THE BOOK PUT ME INTO COMPANIES WHOSE UNDERVALUED STOCKS QUICKLY TURNED AROUND WITH THERE LOW DEBT HIGH FREE CASH FLOW. I PARTICULARLY LIKED THE WAY THE AUTHORS LOOK AT CORPORATE FAT

I'VE AVERAGED 27% PER YEAR DUE TO THIS BOOK

I BOUGHT THIS BOOK 5 YEARS AGO. WHILE I MISSED OUT ON MANY STOCKS THAT DOUBLED, I ALSO ESCAPED STOCKS THAT FELL IN HALF-OR MORE. I HAVE TURNED IN VERY CONSISTANT RETURNS OVER A LONG PERIOD OF TIME-WHAT'S WRONG WITH 27% PER YEAR?

Value Investing is the clear winner -- ask any CFA!

Contrary to what the other reviews on this page suggest, value investing is the clear winner over growth. Don't listen to one or two readers who lost money over a few months. Take the long view. Though you may not get rich quick reading this book, you will coming away with a richer understanding of how to read financial statements in terms of what drives value.

Great book to read, and excellent example

The best thing I like about this book is that the author guide you step by step in calculating free cash flow of the firm.He also talked about how to estimating corporate fat, off balance sheet liabilities, and many insighful idea to the investment world.Personally, I would recommend you to buy this book. I personally like it. Not like a bunch of academic theoritical BS that is floating around.