Investing in Financial Research
A Decision-Making System for Better Results
Format:Hardback
Publisher:Cornell University Press
Published:15th Mar '19
Currently unavailable, and unfortunately no date known when it will be back
This hardback is available in another edition too:
- Paperback£28.99(9781501732751)
Finalist in the Business/Personal Finance category of the 2019 International Book Awards
Every day, people around the world make financial decisions. They choose to invest in a stock, sell their holdings in a mutual fund or buy a condominium. These decisions are complex and financially tricky—even for financial professionals. But the literature available on financial research is dated and narrowly focused without any real practical application. Until now there's been a gap in the literature: a book that shows you how to conduct a step by step comprehensive financial investigation that ends in a decision.
This book gives you that how.
Investing in Financial Research is a guidebook for conducting financial investigations and lays out Cheryl Strauss Einhorn's AREA Method—a research and decision-making system that uniquely controls for bias, focuses on the incentives of others and expands knowledge while improving judgement—and applies it to investigating financial situations. AREA is applicable to all sorts of financial sleuthing, whether for investment analysis or investigative journalism. It allows you to be the expert in your own life.
The AREA Method provides you with:
*Defined tasks that guide and focus your research on your vision of success;
*A structure that isolates your sources, giving you insight into their perspectives, biases and incentives;
*Investigative resources, tips and techniques to upgrade your research and analysis beyond document-based sources;
*Exercises to foster creativity and originality in your thinking;
*A sequence and framework that brings your disparate pieces of research together to build your confidence and conviction about your financial decision.
"I have been lucky to witness Cheryl’s work on her AREA method over the last few years. To me, it is a work of genius. Cheryl has literally broken the code on all aspects of critical thinking both left and right brain. Her work is for everyone from young to old. It is enduring and will evolve as more people adopt the AREA Method in their toolbox for thinking. Hats off!" -- Joseph Platt, Director at companies including CONSOL Energy and BlackRock Liquidity Funds, a Trustee at Blackrock Collateral Trust and a General Partner at Thorn Partners LP
"Investing in Financial Research should sit on every investor's bookshelf between Graham's The Intelligent Investor and other seminal finance textbooks. It addresses a key gap in the finance literature, by explaining how to conduct financial research using a structured, replicable process that addresses the incomplete, imperfect, and often biased information we encounter in the 'real world.' I wish I learned this content earlier in my career—All of my employees will be receiving a copy of this book." -- David McCombie III, Founder and Chief Executive Officer of McCombie Group, a private investment firm
"In an era dominated by algorithms, people have stopped learning how to think for themselves. Cheryl Strauss Einhorn’s Investing in Financial Research is the antidote, providing a system that will train you to analyze and synthetize like the experts." -- Jesse Eisinger, Pulitzer Prize winning Journalist and Senior Reporter, ProPublica
"Investing in Financial Research is a very thorough, thoughtful and well organized book and a must-read for any serious investment professional. Cheryl's deeply researched content, real world case studies, and tearsheets provide both a practical framework and applicable toolkit for readers to use in their own investment research process. This book is now a staple on my bookshelf. Thank you, Cheryl, for this contribution to the investment community." -- Albert Luk, Portfolio Manager, Cayre Family Office
"Investing in Financial Research is the most pragmatic, in-depth, and comprehensive hands-on guide for conducting investment research available. Einhorn’s process will deliver insightful, unbiased, and perceptive investment decisions. The book is a straight forward and systematic guide to clarity." -- Paul Johnson, Adjunct Professor of Finance, Columbia Business School, Columbia University, and co-author of Pitch the Perfect Investment
"Why wasn’t there a book like this when I started out as a stock market sleuth?" -- Bill Alpert, Investigative Reporter, Barron's
"Cheryl Einhorn, step by step, takes us through how to apply her highly acclaimed AREA Method to financial research. Investing in Financial Research is exceptional, easy to read, and complete with examples of the method’s applications. While the book’s natural audience is investigative journalists, it will undoubtedly benefit securities analysts and business school students, and should be an essential part of a reference library for accounting, valuation and finance professionals." -- Vladimir V. Korobov, Partner, Marcum LL
- Runner-up for Entrepreneurship & Small Business category 2019 (United States)
- Commended for Business: Personal Finance/Investing category 2019 (United States)
ISBN: 9781501730948
Dimensions: 254mm x 178mm x 22mm
Weight: 907g
252 pages