It's Earnings That Count: Finding Stocks with Earnings Power for Long-Term Profits by Hewitt Heiserman Jr. - Heiserman's method involves creating two income statements, "a 'defensive' one takes the risk-adverse outlook of a commercial banker, while an 'enterprising' one comes at a company as a venture capitalist might. Why? 'For the same reason that you would get a second or third opinion for a medical situation', says Heiserman.
Posted by Todd S. at May 5, 2004 08:11 AM
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