About the Book
A "hands-on" guide to applied equity analysis and portfolio management. From asset allocation to modeling the intrinsic value of a stock, Applied Equity Analysis and Portfolio Management + Online Video Course offers readers a solid foundation in the practice of fundamental analysis using the same tools and techniques as professional investors. Filled with real-world illustrations and hands-on applications, Professor Weigand's learning system takes a rigorous, empirical approach to topics such as analyzing the macro-finance environment, sector rotation, financial analysis and valuation, assessing a company's competitive position, and reporting the performance of a stock portfolio. Unlike typical books on this subject - which feature chapters to read and exercises to complete - this resource allows readers to actively participate in the learning experience by completing writing exercises and manipulating interactive spreadsheets that illustrate the principles being taught. The learning system also features instructional videos that demonstrate how to use the spreadsheet models and excerpts from the author's blog, which are used to depict additional examples of the analysis process. Along the way, it skillfully outlines an effective approach to creating and interpreting outputs typically associated with a top-down money management shop - including a macroeconomic forecasting newsletter, detailed stock research reports, and a portfolio performance attribution analysis.
Book Synopsis
A "hands-on" guide to applied equity analysis and portfolio management
From asset allocation to modeling the intrinsic value of a stock, Applied Equity Analysis and Portfolio Management + Online Video Course offers readers a solid foundation in the practice of fundamental analysis using the same tools and techniques as professional investors. Filled with real-world illustrations and hands-on applications, Professor Weigand's learning system takes a rigorous, empirical approach to topics such as analyzing the macro-finance environment, sector rotation, financial analysis and valuation, assessing a company's competitive position, and reporting the performance of a stock portfolio.
Unlike typical books on this subject--which feature chapters to read and exercises to complete--this resource allows readers to actively participate in the learning experience by completing writing exercises and manipulating interactive spreadsheets that illustrate the principles being taught. The learning system also features instructional videos that demonstrate how to use the spreadsheet models and excerpts from the author's blog, which are used to depict additional examples of the analysis process. Along the way, it skillfully outlines an effective approach to creating and interpreting outputs typically associated with a top-down money management shop -- including a macroeconomic forecasting newsletter, detailed stock research reports, and a portfolio performance attribution analysis.
- Covers topics including active and passive money management, fundamental analysis and portfolio attribution analysis
- Companion streaming videos show how to use free online data to create yourown analyses of key economic indicators, individual stocks, and stock portfolios
- A valuable resource for universities who have applied equity analysis and portfolio management courses
Practical and up-to-date, the book is an excellent resource for those with a need for practical investment expertise.
From the Back Cover
Praise for Applied Equity Analysis and Portfolio Management
Professor Weigand's book is the clearest description of how to evaluate and pick stocks that I've read. The professional tools he provides are useful, and accompanied by intuitive, commonsense explanations. Whether you want to talk more intelligently with your financial advisor, become one yourself, or just dabble in the stock market, this book will help you achieve your goals.
--Ken Kroner, Head and Chief Investment Officer of Scientific Active Equity, Blackrock, Inc.
I have been professionally practicing in the investment management business for 34 years. Many clients have asked my advice for a guide, a book to study that encompasses the essence of solid investment processes. Dr. Weigand's book is that resource: it captures both the art and science of the discipline, while taking today's demanding investment environment into consideration.
--William Greiner, CIO of Mariner Wealth Advisors and BusinessWeek's 2005 "Stock Market Strategist of the Year"
Simply put, Rob Weigand's Applied Equity Analysis and Portfolio Management is a masterful work. His "learning system" is a potential game changer for anyone who is serious about investing, including students, investment advisors, financial planners, and experienced investors. He writes with great clarity and provides a complete package to ensure a successful learning experience. Based on my analysis, this book is an unqualified "buy."
--H. Kent Baker, CFA, University Professor of Finance, Kogod School of Business American University
I found Dr. Weigand's learning system to be insightful, clear, and directive. His "learn by doing" style of teaching has not only captivated and inspired talented students, but has been very instructional for seasoned professional investors as well.
--Mayo Schmidt, Retired President and CEO, Viterra Corporation
About the Author
ROBERT A. WEIGAND, PHD, is Professor of Finance and Brenneman Professor of Business Strategy at Washburn University in Topeka, Kansas. Previously, he was a faculty member at Texas A&M University, the University of Colorado, and the University of South Florida. Dr. Weigand is the author of over 40 scholarly articles and book chapters. His research has supported various innovations in the field of asset management, including Russell Investment's CrossVol(TM) Volatility Indexes. He earned a PhD in financial economics from the University of Arizona in 1993.
