{"product_id":"9780071542470","title":"It's Earnings That Count","description":"\u003cp\u003e\u003cb\u003eAn innovative way to see through a company's published numbers to discover its true investment potential\u003c\/b\u003e\u003c\/p\u003e  \u003cp\u003eThis book gives you a blueprint for finding a great growth stock for the next decade without taking on a lot of risk in the process. Inspired by the writings of Benjamin Graham, \u003ci\u003eIt's Earnings That Count\u003c\/i\u003e examines a firm’s earnings quality from the perspective of a “defensive” investor who wants to avoid committing ruinous mistakes as well as the “enterprising” investor who seeks Wall Street’s next great opportunities. Unfortunately, as recent market history has shown, the traditional income statement is ill-suited to meeting the needs of these sometimes opposing viewpoints. As a result, investors can buy shares of a seemingly profitable company that, in fact, has poor earnings quality.\u003c\/p\u003e  \u003cp\u003eHowever, the author’s trademarked Earnings Power Chart combines Graham’s two personalities to reveal, in picture form, whether a company possesses authentic earnings power for long-term growth. Using the world-famous William Wrigley Jr. Company gum-maker as a case study, you will learn how to build these two alternate profit-and-loss statements to protect yourself. Since this book is written in plain English, you do not need to be an MBA or accountant to follow these step-by-step instructions.\u003c\/p\u003e  \u003cp\u003eGiving investors the tools they need to turn the tables in their favor, \u003ci\u003eIt's Earnings That Count\u003c\/i\u003e covers:\u003c\/p\u003e  \u003cul\u003e \u003cli\u003eThe four limitations of the income statement found in every annual report, 10-K, and 10-Q\u003c\/li\u003e  \u003cli\u003eA quick-hitting, five minute test to sift out the obvious losers so you can save time and focus on analyzing potential winners\u003c\/li\u003e  \u003cli\u003eHow to spot when a company is forging an Earnings Power Staircase—that’s your hallmark of a low-risk growth stock like Microsoft and Paychex\u003c\/li\u003e  \u003cli\u003eWhy the charts of Lucent Technologies, WorldCom, Enron, and Tyco signaled trouble ahead of traditional income statement.\u003c\/li\u003e  \u003cli\u003eThe 2 earnings power ratios you need before making your next investment\u003c\/li\u003e  \u003cli\u003e12 ways to check whether management’s interests are aligned with yours\u003c\/li\u003e  \u003cli\u003eA list of 15 items to check for to make sure the companies in your stock portfolio have a competitive advantage. (Hint: Great growth stocks always have competitive advantages.)\u003c\/li\u003e  \u003cli\u003e16 kinds of companies to avoid\u003c\/li\u003e  \u003cli\u003e20 indicators that it may be time to sell\u003c\/li\u003e  \u003c\/ul\u003e","brand":"McGraw-Hill Education","offers":[{"title":"Default Title","offer_id":47148441698544,"sku":"9780071542470","price":20.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780071542470_p0.jpg?v=1763635058","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780071542470","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}