The Theory of Investment Value |
Contents
DOES THE STOCK MARKET PREDICT THE FUTURE? | 7 |
Brokers loans and interest rates 23 5 Multiple stock | 29 |
vestors and speculators 33 8 Temporary prices changes | 37 |
Copyright | |
33 other sections not shown
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Common terms and phrases
assets average bank bear market bond prices book value borrowing bull market business cycle buyers capital cash cent Chapter common stock company's computed convertible bonds coupons debt decline deflation demand curve dends depreciation depression Diagram distribution rate dividends dollar earnings economic equation excess reserves expected follows forecast foregoing formula funds gold government bonds growth Hence higher income taxes increase industry inflation investment value investors issues June 15 labor liquidating value loans long-term marginal opinion market price maturity ment monopoly normal number of shares paid period Phoenix preferred stock premium present worth price level price-earnings ratio produce purchasing power quantity of money quasi-rent rate of interest reinvestment result rise riskless savings securities sell short-term rates shown speculative Steel Corporation stock market stock prices stockholders Table theory tion trade V₁ wages warrants yield yield to maturity
References to this book
Inefficient Markets: An Introduction to Behavioral Finance Andrei Shleifer No preview available - 2000 |