How well does it pay to own the Standard & Poor\'s 500 Index\'s best-performing stock of the year? Over the 2012-2021 period, the one-year total return ranged from 80% to 743%.
The Green Magazine called his Financial Statement Analysis (co-authored with Fernando Alvarez) one of the most useful investment books ever..
Author Martin Fridson\'s previous writings on the stock market include the books It Was a Very Good Year and Investment Illusions , as well as articles such as Ben Graham\'s Value Approach: Can It Still Work? He has received the CFA Society of New York\'s Ben Graham Award and has been named the Financial Management Association International\'s Financial Executive of the Year.
Problematically, investment banks\' fundamental stock reports are structured around a valuation metric that was discredited nearly half a century ago--earnings per share.
Spotting the #1 stock isn\'t Wall Street analysts\' focus, although the information they furnish about companies\' competitive strategies is quite helpful.
The Little Book of Picking Top Stocks explains why conventional equity research provides only limited help in zeroing in on the index\'s future top performer.
And by investigating the statistically determined best candidates for #1, you\'ll gain important insights into stock selection.
But attempting to pick the coming year\'s top performer can provide an outlet for speculative impulses that might otherwise spoil a prudent, long-term investment plan.
It\'s not something to do with more than a small percentage of your portfolio.
Aiming for the massive upside of the #1 stocks entails substantial risk.
A key indicator, the Fridson-Lee Statistic, makes its debut in these pages.
This Book identifies the quantitative and qualitative traits of stocks that made it to #1 and tells the stories of how they got there.
How well does it pay to own the Standard & Poor\'s 500 Index\'s best-performing stock of the year? Over the 2012-2021 period, the one-year total return ranged from 80% to 743%
