Recep Mercan: So, here’s what you need to know: 1. Buying a share in a business means you are purchasing a portion (or percentage interest) of that business. You are then entitled to a portion of that business’s future earnings. 2. Figuring out what a business is worth involves estimating (okay, guessing) how much the business will earn in the future. 3. The earnings from your share of the profits must give you more money than you would receive by placing that same amount of money in a risk-free 10-year U.S. government bond. (Remember: Last chapter we set 6 percent as your absolute minimum annual return when government bond rates fall below 6 percent) 4. No, I haven’t forgotten about the magic formula. But you’re going to have to stop bugging me about it, okay? Sheesh!

So, here’s what you need to know: 1. Buying a share in a business means you are purchasing a portion (or percentage interest) of that business. You are then entitled to a portion of that business’s future earnings. 2. Figuring out what a business is worth involves estimating (okay, guessing) how much the business will earn in the future. 3. The earnings from your share of the profits must give you more money than you would receive by placing that same amount of money in a risk-free 10-year U.S. government bond. (Remember: Last chapter we set 6 percent as your absolute minimum annual return when government bond rates fall below 6 percent) 4. No, I haven’t forgotten about the magic formula. But you’re going to have to stop bugging me about it, okay? Sheesh!

Sayfa 49Kitabı okudu

The Little Book That Beats the Market Joel Greenblatt

9 views

Yorum yapabilmeniz için giriş yapmanız gerekmektedir.

Gönderi

Recep Mercan