Tag Archive for investment books

“Valuation – Measuring and Managing the Value of Companies” (by Tim Koller, Marc Goedhart and David Wessels) – a Financial Book Review

It is hard at least not to have a look at this book if you find it on a library shelf. This is valid for multiple reasons:

– “Valuation – Measuring and Managing the Value of Companies” is a book written from a practical perspective by McKinsey practitioners (among the best in the world in the non-bank investment advising for M&A’s)

– The book covers almost any aspect of the corporate valuation, from a stock market perspective to an internal projects point of view;

– “Valuation” comes inside the rigorous “Wiley Finance” collection where you can expect a detailed approach on most of the finance topics.

These said, my expectations were quite high – also the promises made were substantial. And after all, I was just curious why “Valuation” is the bestselling guide on corporate valuation.

The book has a logical system building approach. Read more

An Investment Book Review – “Global Business Today” by Charles. W. L. Hill

If you have not heard about the multinational companies or multinational enterprises (shortly called MNC’s or MNE’s) and if you are working with shares, you are probably from another planet – or you simply do not care. I can simply assume that 99% of the readers of this book review have heard about the fantastic turnovers they have, about their cross-continental span or about how many people have successful careers in the MNC’s. I am actually one of the persons who happen to know quite well how multinational companies work – and yet I know quite a small portion of what I should know.
The multinational companies can reshape dramatically the earth they walk on, this is why I decided to read a book on how they work. And “Global Business Today” by Charles. W. L. Hill is a treat in itself. If you are accustomed with the McGraw Hill’s study text format, then you will know that their books are comprehensive and packed with study cases. “Global Business Today” does not make an exception, yet it has something more – it is about a subject which touches many aspects about our everyday lives. Read more

“Technical Analysis: The Complete Resource for Financial Market Technicians” – by Julie R. Dahlquist (Book Review)

Nothing is better than continuous education. And in this respect, we at doitinvest.com did read and review quite a lot of books in the technical analysis field lately. We don’t have any statistics readily availabel, but I suppose that doitinvest.com has become a top reviewer of the trading books and materials published since 2009… 🙂
Now back to work :). I recently got for review one of the books deemed to be a full encyclopedia of techical analysis techniques. So I got quite curious – was it so?

The first look at the book content was quite convincing. The book is very well organized and takes the reader from the basics to the most advanced techniques. It starts with the fundamental assumptions of the technical analysis field – is the random walk theory valid? Are the trends predictable? What is the blend between mass psychology and statistcis which allows you to make money from analysing the markets? What are the main assumptions behind technical analysis and how well do they stand the test of practice? and so on. Read more

A Book Review – “Volatility-Based Technical Analysis” by Kirk Northington

Well, I was looking for a long time after an easier book on technical analysis techniques using a programming language. In other words, I was in for a book where you do not get only the usual lengthy descriptions of various trading techniques and their charts with pointers. After all, it is easy to develop a technique and let it fit with any possible trading – in hindsight.

What I was looking for was a simple way to improve my trading skills and to limit my forex trading risks. If possible, for a book which could be rather practical than conceptual, from which I could learn some code snippets and apply those to trading.

The good news is that there is such a book. “Volatility-Based Technical Analysis: Strategies for Trading the Invisible” by Kirk Northington fills a gap between the individual knowledge of a single trader and the collective wisdom of the large financial institutions. In other words, Northington teaches you how to trade individually using the techniques and the leverages of a large institution. This is a big advantage, especially since the rise of the trading platforms which are so easy to use nowadays online. And where the risk is so high and it is so easy to loose large amounts of money in the blink of an eye 🙂

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