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Anyone ever read "Analysis of Financial Statements" by Bernstein and Wild??
Posted on 12/26/13 at 5:47 pm
Posted on 12/26/13 at 5:47 pm
Trying to get into stocks and I have no background in business. A lot of people have suggested that this book is a good place to start. Would the money board agree? I've read the first chapter and they lay it out in a really easy to follow format, so I'm hoping it will help.
I guess I'm also wondering if financial statements are that big of a factor in investing?.....feel like this may be pretty obvious, but I am a noob so go easy on me.
I guess I'm also wondering if financial statements are that big of a factor in investing?.....feel like this may be pretty obvious, but I am a noob so go easy on me.
2
Posted on 12/26/13 at 7:00 pm to K9
quote:
guess I'm also wondering if financial statements are that big of a factor in investing?.
Sorry for laughing. Financial statements are vital. It'll tell you the financial position of he company, what they're holding assets/liabilities, what they're spending their money on....
Unless you're investing on techinal charts, then it important to understand financial statements.
This post was edited on 12/26/13 at 7:03 pm
Posted on 12/26/13 at 9:17 pm to K9
It's always suggested but I think reading "The intelligent investor" by Benjamin graham is the ultimate starting point. Probably should read it twice.
He also has a book called "the interpretation of financial statements" I haven't read it but I am going to read it before I get out of school.
He also has a book called "the interpretation of financial statements" I haven't read it but I am going to read it before I get out of school.
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