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Financial Statement Analysis for Value Investing Stephen Penman, Peter F. Pope ebook
- Page: 432
- Format: pdf / epub / kindle
- ISBN: 9780231215688
- Publisher: Columbia University Press
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Overview How should an investor challenge the market price and find value? This book provides a new lens, arguing that value investing is a matter of understanding the business through accounting. Stephen Penman and Peter F. Pope—leading authorities on accounting and its investment applications—demonstrate why attention to financial statements is the key to judicious valuation. More broadly, they show that accounting fundamentals, when analyzed in a systematic manner, teach us how to think about...