The Intelligent Investor: The Definitive Book On Value part 58 pdf

... between high-grade bonds and leading common stocks; that the proportion held in bonds be never less than 25% or more than 75%, with the converse being necessarily true for the common-stock component; that ... increasingly attractive.” In 1965 the investor could obtain about 4 1 ⁄2% on high-grade tax- able bonds and 3 1 ⁄4% on good tax-free bonds. The dividend return on leading...

Ngày tải lên: 29/04/2014, 12:00

... this book in 1949 the figures were almost the exact opposite: the bonds returned only 2.66% and the stocks yielded 6.82%. 2 In previous editions we have consistently urged that at least 25% of the ... selection for use by the active investor. 34 The Intelligent Investor of the fact that the interest and principal payments on good bonds are much better protected and the...

Ngày tải lên: 08/03/2014, 02:20

... option sellers (also known as option writers). They are only ever called upon to complete the deal when it is not in their favour to do so; in return, they get the price of the option whether the ... come to a conclusion about whether one looks significantly cheaper than the other. But what if, while there is a worthwhile disparity in the two shares’ values, both, and all the ot...

Ngày tải lên: 03/05/2014, 13:38

Ngày tải lên: 08/05/2014, 10:10

... be true in the long run. The defensive investor must confine himself to the shares of important companies with a long record of profitable operations and in strong financial condition. (Any security ... 6. over the years as has the general market. Allied to the foregoing is the record of the published stock-market predictions of the brokerage houses, for there is strong ev...

Ngày tải lên: 28/06/2014, 21:20

... 1 N , and then determines the mean and standard deviation of the criterion function. Then, a score is computed for each value of k by sub- tracting the mean from the criterion function, and dividing ... global criterion func- tion, meaning that the criterion function should ar- rive at a single value that assesses the quality of the clustering for each value of k under con...

Ngày tải lên: 22/02/2014, 02:20

Ngày tải lên: 01/07/2014, 18:20

Ngày tải lên: 01/07/2014, 18:20

Ngày tải lên: 01/07/2014, 18:20

Ngày tải lên: 01/07/2014, 18:20