http://www.sharpeinvesting.com The Advanced Finance and Investing Resource Fri, 14 Nov 2008 23:26:17 +0000 http://backend.userland.com/rss092 en David Ryan is an extremely successful investor profiled in Market Wizards. He worked closely with famed investor William O'Neil, and eventually became a professional money manager. In addition, Ryan won the stock division of the U.S. Investment Championships in 1995 and 1995, posting 161% and 160% returns respectively. Ryan has ... http://www.sharpeinvesting.com/2008/11/david-ryan-stock-investment-as-a-treasure-hunt-market-wizards.html William O'Neil is another star investor profiled in the book Market Wizards. Mixing a unique quantitative and qualitative growth investment strategy, O'Neil achieved dramatic investing success. In 1963 at age 30, he capitalized on this success by launching the brokerage firm William O'Neil & Co, and became the youngest member of the New York ... http://www.sharpeinvesting.com/2008/10/william-oneil-art-of-stock-selection-market-wizards.html Michael Steinhardt is a legendary investor. In 1967, Steinhardt founded the hedge fund Steinhardt, Fine, Berkowitz & Co. From 1967 to 1995, the hedge fund returned 24.5% annually after fees. After retirement in 1995, Steinhardt became chairman of Wisdom Tree investments, a company providing a variety of exchange traded funds. ... http://www.sharpeinvesting.com/2008/09/michael-steinhardt-the-concept-of-variant-perception-%e2%80%93-market-wizards.html There are multiple methods investment bankers and other financial analysts use to value a company. One frequently employed relative value method is comparable company analysis. Comparable company analysis is especially useful when valuing the minority, non-controlling interest of a company. Theoretical Basis Comparable company analysis is rooted in the idea that companies with similar ... http://www.sharpeinvesting.com/2008/09/comparable-company-analysis-overview.html Financial statements report the basic shares outstanding. However, when attempting to value a company's market value of equity, fully diluted shares outstanding is used instead of the basic shares outstanding number. Fully diluted shares outstanding provides a better representation of how the market is implicitly valuing the company. Basic Shares Outstanding Basic ... http://www.sharpeinvesting.com/2008/09/difference-between-basic-shares-outstanding-and-fully-diluted-shares-outstanding.html Marty Schwartz is another rock star trader profiled in Market Wizards. After completing his service in the Marine Corps, Schwartz earned a MBA at Columbia Business School. After graduation, Schwartz became a securities analyst. Following eight frustrating years as a securities analyst, Schwartz became a full time independent trader in ... http://www.sharpeinvesting.com/2008/08/marty-schwartz-champion-trader-market-wizards.html Previous Weeks Economic Data (August 12 - August 15) [TABLE=8] The previous weeks economic data was mixed and the S&P 500 ended the week about even. On a positive note, industrial production increased 0.2%, beating the 0.0% expectation. Industrial production decreases during normal recessions, so a continued positive industrial production number suggests ... http://www.sharpeinvesting.com/2008/08/weekly-economic-data-august-18-2008.html The Sharpe Investing theme has been completely revamped. This theme combines a magazine style and traditional blog. The headline post highlights a major recent post. The featured posts identify popular past posts. Underneath the headline is the normal list of most recent posts. In the footer of the theme are both a ... http://www.sharpeinvesting.com/2008/08/welcome-to-the-new-sharpe-investing-theme.html Damn, it Feels Good to Be a Banker is a satirical account of life as an investment banking analyst in New York at a top tier bulge bracket investment bank. The book is written by Leveraged Sell-Out, the author of the Leveraged Sell-Out blog. One disappointment is that Leveraged Sell-Out was ... http://www.sharpeinvesting.com/2008/08/damn-it-feels-good-to-be-a-banker-book-review.html Previous Weeks Economic Data (August 4 - August 8) [TABLE=6] Higher than expected growth in personal income and personal spending provides positive support of the US economy. The US economy is highly impacted by consumer spending, so income and spending strength is also important. However, the question of how much the $110 billion ... http://www.sharpeinvesting.com/2008/08/weekly-economic-data-august-10-2008.html