Expectations Investing

Unlock the secret to identifying value-price gaps in the stock market with Expectations Investing. Authors Rappaport and Mauboussin provide readers with everything they need to utilize the discounted cash flow model while suggesting a new approach: start by estimating the expectations embedded in a company's stock price. Learn how to trace the process of value creation and assess the likelihood of expectations revisions with the "expectations infrastructure" framework. Whether you're an investor or a manager, Expectations Investing will give you a new way to evaluate and improve your approach to the stock market.