The Closed-end Fund Discount

The Closed-end Fund Discount PDF Author: Elroy Dimson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84

Get Book Here

Book Description

The Closed-end Fund Discount

The Closed-end Fund Discount PDF Author: Elroy Dimson
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84

Get Book Here

Book Description


The Investor's Guide to Closed-end Funds

The Investor's Guide to Closed-end Funds PDF Author: Thomas J. Herzfeld
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

Get Book Here

Book Description


Investing in Closed-end Funds

Investing in Closed-end Funds PDF Author: Albert J. Fredman
Publisher: Prentice Hall
ISBN: 9780135034910
Category : Business & Economics
Languages : en
Pages : 492

Get Book Here

Book Description
This book is the only up-to-date comprehensive book on the subject written for investors as well as stock brokers and financial planners.

Investment Philosophies

Investment Philosophies PDF Author: Aswath Damodaran
Publisher: John Wiley & Sons
ISBN: 1118235614
Category : Business & Economics
Languages : en
Pages : 615

Get Book Here

Book Description
The guide for investors who want a better understanding of investment strategies that have stood the test of time This thoroughly revised and updated edition of Investment Philosophies covers different investment philosophies and reveal the beliefs that underlie each one, the evidence on whether the strategies that arise from the philosophy actually produce results, and what an investor needs to bring to the table to make the philosophy work. The book covers a wealth of strategies including indexing, passive and activist value investing, growth investing, chart/technical analysis, market timing, arbitrage, and many more investment philosophies. Presents the tools needed to understand portfolio management and the variety of strategies available to achieve investment success Explores the process of creating and managing a portfolio Shows readers how to profit like successful value growth index investors Aswath Damodaran is a well-known academic and practitioner in finance who is an expert on different approaches to valuation and investment This vital resource examines various investing philosophies and provides you with helpful online resources and tools to fully investigate each investment philosophy and assess whether it is a philosophy that is appropriate for you.

Closed-End Fund Pricing

Closed-End Fund Pricing PDF Author: Seth Anderson
Publisher: Springer Science & Business Media
ISBN: 1475736339
Category : Business & Economics
Languages : en
Pages : 106

Get Book Here

Book Description
Closed-End Investment Companies (CEICs) have experienced a significant revival of interest, both as investment vehicles and as the subject of academic research, over the past decade. This academic research has focused on the nature of closed-end funds' discounts and premiums and on the share price behavior of these firms. The first book by the authors, "Closed-End Investment Companies: Issues and Answers," addresses closed-end fund academic articles published prior to 1991. This second book addresses those articles that have appeared since that time. Closed-End Fund Pricing: Theories and Evidence is designed for the academic researcher interested in CEICs and the practitioner interested in using CEICs as an investment vehicle. The authors summarize the evolution of CEICs, present the factors thought to cause CEIC shares to trade at different levels from their net asset values, provide a complete survey of the recent academic literature on this topic, and summarize the current state of research on CEICs.

The Post-offering Price Performance of Closed-end Funds

The Post-offering Price Performance of Closed-end Funds PDF Author: Kathleen Weiss
Publisher:
ISBN:
Category : Investment trusts (Mutual funds)
Languages : en
Pages : 64

Get Book Here

Book Description


The International Encyclopedia of Mutual Funds, Closed-end Funds and Real Estate Investment Trusts

The International Encyclopedia of Mutual Funds, Closed-end Funds and Real Estate Investment Trusts PDF Author: Peter W. Madlem
Publisher: Global Professional Publishi
ISBN: 9781888998870
Category : Business & Economics
Languages : en
Pages : 384

Get Book Here

Book Description
� Massively comprehensive � Will help ensure the right investment choice among all the variety available Funds and REITs are among the fastest-growing and most important investment vehicles used by huge numbers of investors who wish to capitalize on stock and real estate booms of the 2000s. This timely book provides the high quality information, both historical and conceptual, which will help ensure the right investment choices. The International Encyclopedia of Mutual Funds, Closed-End Funds, and REITs is truly a publishing landmark, designed specifically for the savvy investor. Every conceivable concept, fund type and objective, and strategy as well as a huge array of individual funds and REITs are described, explained and illustrated in this remarkable book of over 5,000 entries. This on-the-money book promises to become the standard by which all other books on mutual funds, closed-end funds, and REITs will be judged.

Business Valuation Discounts and Premiums

Business Valuation Discounts and Premiums PDF Author: Shannon P. Pratt
Publisher: John Wiley & Sons
ISBN: 0470485450
Category : Business & Economics
Languages : en
Pages : 516

Get Book Here

Book Description
Business Valuation Discounts and Premiums SECOND EDITION Discounts and premiums do not just affect the value of a company; they play a crucial role in influencing a host of other factors and conditions that can make or break a deal. When it comes to business valuations, it's the business appraiser's responsibility to be intimately knowledgeable with every aspect of discounts and premiums: the different types, the situations when they may or may not apply, and how to quantify them. In this newly updated edition of Business Valuation: Discounts and Premiums, Shannon Pratt one of the nation's most recognized and respected business valuation consultants brings together the latest collective wisdom and knowledge about all major business discounts and premiums. Addressing the three basic approaches to conducting a valuation the income approach, the market approach, and the asset approach Shannon Pratt deftly and logically details the different discounts or premiums that may be applicable, depending on the basic valuation approach used, and how the valuation approaches used affect the level. Clearly written and thorough, Business Valuation: Discounts and Premiums, Second Edition provides business appraisers, accountants, attorneys, and business owners with an arsenal of information for their professional toolkit that can be applied to every major evaluation case they might face in any deal. This updated edition features timely, comprehensive coverage on: Strategic acquisitions Extensive empirical data Pre-IPO marketability discount studies Merger and acquisition negotiations, empirical evidence from completed transactions, and positions taken by courts in litigations Strategic acquisition premiums Studies on minority discounts Detailed, authoritative, and complete in its coverage, Business Valuation: Discounts and Premiums, Second Edition gets to the core of one of the more complex challenges faced by business appraisers, and arms readers with the understanding and techniques needed to successfully meet and exceed their job expectations.

The Income Factory: An Investor’s Guide to Consistent Lifetime Returns

The Income Factory: An Investor’s Guide to Consistent Lifetime Returns PDF Author: Steven Bavaria
Publisher: McGraw Hill Professional
ISBN: 1260458547
Category : Business & Economics
Languages : en
Pages : 241

Get Book Here

Book Description
The proven, all-weather investing strategy that delivers long-term, consistent returns The most common investing approach today—one that values “growth” over all else—can be ineffective and counterproductive for many investors, not to mention needlessly stressful. Now, one of Seeking Alpha’s most popular writers, Steven Bavaria, provides a groundbreaking alternative that will see you through all markets—up, down, and sideways. The Income Factory shows how to build an income stream that increases solidly and consistently—a result of re-investing and compounding the dividends. And the best part? This income stream actually grows faster during market downturns than during flat or rising market periods. The Income Factory sheds light on: • Why “high-yield” doesn’t have to mean “high-risk” • How credit investments perform more predictably than equity investments • Why “junk” is a misnomer—and why high-yield debt is safer than most of the stocks investors own • How to grow your wealth steadily without following the markets obsessively Through Bavaria’s strategy, cash income increases year after year at a predictable rate. For example, a 9% yielding portfolio doubles and re-doubles every 8 years. If you’re in for the long haul, an Income Factory lets you achieve your goals and still sleep well at night. Investing does not have to be about picking specific horses and hoping they win the race. An Income Factory achieves its goals by essentially betting on horses to make it around the track and finish the race. Those are easier bets to win, and they don’t require us to be glued to the financial news 24/7.

Crises, Contagion, and the Closed

Crises, Contagion, and the Closed PDF Author: Mr.Angel J. Ubide
Publisher: International Monetary Fund
ISBN: 1451856318
Category : Business & Economics
Languages : en
Pages : 55

Get Book Here

Book Description
This paper analyzes the behavior of closed-end country fund discounts, including evidence from the Mexican and East Asian crises. We find that the ratio of fund prices to their fundamental value increases dramatically during a crisis, an anomaly that we denote the “closed-end country fund puzzle.” Our results show that the puzzle relates directly to the fact that international investors are less (more) sensitive to changes in local (global) market conditions than domestic investors. This asymmetry implies that foreign participation in local markets can both help dampen a crisis in the originating country, and amplify the contagion to noncrisis countries.