Provides a road map towards identification of valuable companies that are fairly priced and are predicted to grow in wealth due to their intellectual capital. Presents a formula that will assist investors in finding companies, and lists 100 stocks based on their expected return on capital and growth of cash flow, while accounting for risk. Discussion encompasses global investing and preparing for market declines. Includes a glossary and Internet directory. Dorf teaches management at the University of California-Davis. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Based on the latest research in the fields of management and investing, Millennium Stocks helps you build a stock portfolio that can exceed the return of most mutual funds, adjusted for risk. It presents a formula - developed by the author - that assists you in choosing great companies with a solid future.
The author identifies the key criteria for stock selection and develops a table you can use to build a long-term, diversified portfolio with the desired risk-return profile. He also provides a list of 100 millennium stocks that exemplify the criteria and serve as excellent initial candidates.
You will learn to:
choose the stocks of powerful companies
calculate the real value of a stock
the real value of technology stocks
build a contrarian portfolio
choose your own risk and reward with a diversified portfolio
Using Millennium Stocks you can match or beat the return of mutual funds and build a better portfolio.