Investing in a Post-Enron World - Paperback

by Paul Jorion (Author)

Meant for investors, the methods for minimizing risk and over-exposure offered in this book include: a quick course in investing and finance; guidelines for analyzing financial statements; rules for Enron-proofing a portfolio through diversification; techniques for valuing a company and its stock; and ways to manage downside risk.

Back Jacket

Steps You Can--and Must--Take to Shield Your Portfolio from Enron-Type Corporate Disasters

Enron, WorldCom, and other high-profile corporate implosions have spooked today's investors. Which company will be the next to "restate earnings?" Do you own its stock in your portfolio?

And, most important, how can you protect yourself?

"Investing in a Post-Enron World "shows you how to keep ticking time bombs out of your portfolio or 401(k). Bypassing high-level mathematics and techniques to focus on straightforward methods for uncovering and avoiding perilous companies and situations, this guide for heads-up investing covers: Ways to determine how closely a stock's price reflects its actual value Warning signs of a company in danger, no matter how healthy it seems on paper Strategies for extracting usable information from often-biased analysts' recommendations

The Enron bankruptcy will always be remembered for the billions of dollars it cost investors. But it has also provided investors with a valuable lesson on the high cost of ignoring the stocks they own, and blindly trusting market professionals to work in investors' best interests. "Investing in a Post-Enron World "shows you how to rebalance the scales, and take personal responsibility for the stocks in your portfolio--before you hear about them on the evening news.