Investment Fables has 79 ratings and 3 reviews. Sam said: Investment Fables: Exposing the Myths of “Can’t Miss” Investment Strategies Aswath Damodaran. Investment Fables: Exposing the Myths of “Can’t Miss” Investment Strategies. by Aswath Damodaran. Publisher: PH Professional Business. Release Date: March . Investment fables: exposing the myths of “can’t miss” investment strategies. Author: Aswath Damodaran. Publication: Cover Image. · Book. Investment fables: .

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But do they really work?

The Worst is Behind You: Goodreads helps you keep track of books you want to read. October Endnotes 3. View table of contents.

Could it work, as one part of your investment strategy? I have read several of his books on valuation and have agreed with some of it and disagreed with other parts, but the glowing recommendation from none other than invesstment esteemed Chair on the front cover, no less, made this is a must-buy. March Endnotes He also finds that book value can be a subjective number based on various accounting practices, and may not in fact be an accurate measure of a company’s net worth.

Selected pages Title Page. If you want guarantees, don’t invest in stocks Lesson 3: Stocks that gables fallen the most over six months to a year continue to underperform over the next period. If it made sense once, does it still eamodaran sense?


Investment Fables: Exposing the Myths of “Can’t Miss” Investment Strategies [Book]

Damodaran finds that while low price-to-book strategy appears to work in studies, results suffer from high transaction costs and an incredibly wide range of returns across the universe of stocks trading below book. Return to Book Page. Finally, much of the five year reversal comes from the extreme outperformance of just a few stocks.

Examines 14 common investment strategies and presents exactly what works–and what doesn’t. Himanshu Jhamb rated it really liked it Feb 10, More to the Story: In Investment Fables, one of the world’s leading investment researchers runs the numbers on 13 of today’s most widely touted strategies, objectively answering the questions your broker can’t answer.

Investment Fables: Exposing The Myths Of ‘Can’t Miss’ Investment Strategies

Very useful for a beginer investor. Stable Earnings, Better Investment? Know yourself Lesson Most stocks that look cheap are cheap for a reason Lesson 6: No one is spared.

Everything has a price Lesson 7: What are the downsides-and how can you mitigate them? Inhe was profiled in Business Week as one of the top 12 U.

Investment fables: exposing the myths of “can’t miss” investment strategies

Every chapter uses sample data from years -quite outdated in fact. User Review – Flag as inappropriate this is a kind of book truly representing the condition of a normal investor who is trapped in the tips invsetment so called analysts in the form of friends and relationship managers.


Preview — Investment Fables by Aswath Damodaran. Maybe even from your broker!

I went right to the chapter on low price-to-book, as Famodaran have done a lot of asset-based investing over the years, and wanted to see how he debunked the myth. In Search of Excellence: January Endnotes Book Description A hard-nosed, investmen evaluation of today’s most widely-touted investment strategies. Potential Takeover Targets Among U. I am happy to say that he and I agree down the line on this one. Isolating the Kernel of Truth II.

The more things change, the more they stay the same Lesson 2: Good Companies with Reasonable Pricing Endnotes 7. Doug Hill rated it liked it Sep 13, Firms That Pass the Dividend Screens: Damodaran’s newest work exposes the myth of “can’t-miss” investment strategies.