For stock investors, understanding financial statements is not a panacea, but not understanding financial statements is absolutely impossible.
The author combines practical experience in stock investment and uses easy-to-understand language so that investors with zero foundation can easily analyze the financial statements of a listed company, learn to select valuable listed companies, and avoid investment risks as much as possible.
The book is divided into five parts, starting from understanding the structure and focus of three financial statements, to the "seven-step poetry method" - finding listed companies with investment value for the purpose of investment, to case practice of financial statement analysis of listed companies in various industries, and learning "lightning avoidance techniques" to stay away from investment risks. After that, it is a high-level practical part, teaching investors step by step how to judge the true value of a listed company from the macro levels of industry, strategy, competition, etc., And the micro levels of company managers, competitive advantages, profit margins, etc.
This book is concise, popular and practical, and even non-professional stock investors can understand it.
Reader comments
The author explains financial statements in plain language, as easily as chatting with a friend. I especially like the "Seven-Step Poetry Method". It is simple and practical, allowing me to quickly find companies with investment value. Moreover, the case studies in the book are also very interesting, which gave me a deeper understanding of listed companies in different industries. In short, this is a practical and good book that non-professional investors can understand!
Easy to understand, concise and clear, like it
Professional, easy to understand and vivid
Well, the logic is very clear, at least it is one of the many books I have read that is more suitable for me.
Not bad, very good, friendly to novices
A financial novice can understand this and it helps a lot!
This book is easy to understand, very down-to-earth, and very suitable for non-accounting majors to read and understand.
If you have some financial theory, you can understand it. The author writes down the key points to pay attention to when reading financial reports from a practical perspective, which is very rewarding.
The author explains financial statements in plain language, as easily as chatting with a friend. I especially like the "Seven-Step Poetry Method". It is simple and practical, allowing me to quickly find companies with investment value. Moreover, the case studies in the book are also very interesting, which gave me a deeper understanding of listed companies in different industries. In short, this is a practical and good book that non-professional investors can understand!
Easy to understand, concise and clear, like it
Professional, easy to understand and vivid
Well, the logic is very clear, at least it is one of the many books I have read that is more suitable for me.
Not bad, very good, friendly to novices
A financial novice can understand this and it helps a lot!
This book is easy to understand, very down-to-earth, and very suitable for non-accounting majors to read and understand.
If you have some financial theory, you can understand it. The author writes down the key points to pay attention to when reading financial reports from a practical perspective, which is very rewarding.