5 How to Estimate Price-Implied Expectations

Chapters in this book

1. Frontmatter i
2. Contents vii
3. Foreword ix
4. Preface xi
5. Acknowledgments xv
6. 1 The Case for Expectations Investing 1
7. PART I. Gathering the Tools
8. 2 How the Market Values Stocks 21
9. 3 The Expectations Infrastructure 44
10. 4 Analyzing Competitive Strategy 57
11. PART II. Implementing the Process
12. 5 How to Estimate Price-Implied Expectations 87
13. 6 Identifying Expectations Opportunities 97
14. 7 Buy, Sell, or Hold? 118
15. 8 Beyond Discounted Cash Flow 132
16. 9 Across the Economic Landscape 152
17. PART III. Reading Corporate Signals and Sources of Opportunities
18. 10 Mergers and Acquisitions 171
19. 11 Share Buybacks 190
20. 12 Sources of Expectations Opportunities 207
21. Notes 221
22. Index 241