Rating: Summary: Great book to read, and excellent example Review: The best thing I like about this book is that the author guide you step by step in calculating free cash flow of the firm.He also talked about how to estimating corporate fat, off balance sheet liabilities, and many insighful idea to the investment world. Personally, I would recommend you to buy this book. I personally like it. Not like a bunch of academic theoritical BS that is floating around.
Rating: Summary: Best Investing Book I Have Ever Read Review: This book lays the foundation for making money in the markets. It is clear and to the point. The only book you really need.
Rating: Summary: Does not work! Review: THIS IS MY OPINION ONLY! Free Cash Flow Security Analysis as outlined, described and practiced according to this book is not a practical methodology to make money in the real world of the current stock market. In the current stock market environment it simply does not work! Valuation of stocks must be relative to the company's growth rate of free cash flow AND REPORTED EARNINGS PER SHARE. Also, debt analysis is not a worthwhile endeavor in the current market environment. THIS IS MY OPINION ONLY!
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