LEADER 05842nam 22007453u 450 001 9910141252503321 005 20230801222413.0 010 $a1-280-67267-6 010 $a1-118-53168-X 010 $a9786613649607 010 $a1-118-28719-3 035 $a(CKB)2670000000174552 035 $a(EBL)827053 035 $a(OCoLC)787842602 035 $a(MiAaPQ)EBC827053 035 $a(EXLCZ)992670000000174552 100 $a20130418d2012|||| uy| 0 101 0 $aeng 135 $aurun#---uuuuu 200 14$aThe Large-Cap Portfolio$b[electronic resource] $eValue Investing and the Hidden Opportunity in Big Company Stocks + Web Site /$fThomas Villalta 210 $aNew York $cWiley$d2012 215 $a1 online resource (306 p.) 225 1 $aBloomberg Financial 300 $aDescription based upon print version of record. 311 $a1-118-25660-3 320 $aIncludes bibliographical references and index. 327 $aThe Large-Cap Portfolio: Value Investing and the Hidden Opportunity in Big Company Stocks; Contents; Acknowledgments; Preface; Parts of This Book; Notes; Part I: The Large-Cap Opportunity and Challenge; Chapter 1: Trends in Large-Cap Investing and the Opportunities They Present; Defining a Large-Cap Stock; Understanding the S&P 500 Index; Examining the Growth of Indexed Equities; Defining Active Management; So What Does This Mean for Investors?; Two Additional Considerations; Finally, Something Timely; Conclusions; Notes; Chapter 2: Risk and Uncertainty; Financial Measures of Risk 327 $aAccounting Measures of RiskDifferentiating between Certain and Uncertain Cash Flows; Conclusions; Notes; Part II: Market Inefficiency; Chapter 3: An Introduction to Market Efficiency; The Basis for Market Efficiency; Efficient Markets Hypothesis; Empirical Support for the Efficiency of Markets; Conclusions; Notes; Chapter 4: Evidence of Inefficiency in Investor Behavior and Market Behavior; Closed-End Fund Discounts and Premiums; Market Bubbles and Market Crashes; Investors vs. Their Investment . . . or Investors vs. Themselves; Book-to-Market Effects and Other Value Criteria; Conclusions 327 $aNotesChapter 5: Individual Decision Making; That Thing about Our Being Rational . . .; Bayesian, Non-Bayesian-What Does This Mean?; Great Companies Always Make Great Stocks; Representative Sequences; Now That You Put It That Way . . .; Dropping an Anchor in a Sea of Information; Conclusions; Appendix: Utility Theory and Prospect Theory; Utility Theory and Rationality; Prospect Theory; Conclusions; Notes; Chapter 6: Correlated Mistakes and the Failure of Arbitrage; Herding and Why We're Predisposed to Correlated Mistakes 327 $aEvidence of Herding in Securities Markets and in the Analysis of Common StocksFeedback Mechanisms and Mood Contagions; Smart Arbitrageurs Will Save Us! Won't They?; Some Related Considerations in Approaching the Active Management of Investments; Conclusions; Notes; Chapter 7: Conventional Views on Sources of Market Inefficiencies; Structural Impediments to Market Efficiency; Pertinence to Large-Cap Universe; Conclusions; Appendix: Underexplained Market Phenomena; Notes; Part III: Research and Portfolio Management 327 $aChapter 8: Identifying Large-Cap Stock Opportunities and Optimizing Research ProcessesIdentifying Large-Cap Stock Opportunities; Filters and Relative Assessments of Value; Subjective Identification of Overoptimism and Overpessimism; Overconfidence, Information Overload, and the Structure of Investment Firms; Conclusions; Notes; Chapter 9: Approaching Growth in Large-Cap Stock Research; Are We Good at Predicting Growth?; Equity Valuation Basics; Limitations to Estimating Long-Term Growth Rates; Abnormal Growth Magnitude and Abnormal Growth Duration; Traditional Methods for Determining Growth 327 $aPerversions of Growth Estimates in Large-Cap Stocks 330 $aThe practical guide to finding value and opportunity in large-cap stocks using investor behavior Large-Cap is an abbreviation of the term ""large market capitalization"" and refers to the stock of publicly traded companies with market capitalization values of roughly more than 10 billion, like Walmart, Microsoft, and Ford. Because of their size, the conventional view is that these companies do not present investors with an ability to be opportunistic. The Large-Cap Portfolio + Website argues that, contrary to popular perceptions, significant opportunities exist in these stocks. 410 0$aBloomberg Financial 606 $aStocks 606 $aInvestments$xPsychological aspects 606 $aBUSINESS & ECONOMICS / Finance 606 $aCeramic industries -- Environmental aspects -- Congresses 606 $aCeramic industries -- Waste disposal -- Congresses 606 $aInvestments - Psychological aspects 606 $aNuclear facilities -- Environmental aspects -- Congresses 606 $aRadioactive waste disposal -- Congresses 606 $aStocks 615 0$aStocks. 615 0$aInvestments$xPsychological aspects. 615 4$aBUSINESS & ECONOMICS / Finance. 615 4$aCeramic industries -- Environmental aspects -- Congresses. 615 4$aCeramic industries -- Waste disposal -- Congresses. 615 4$aInvestments - Psychological aspects. 615 4$aNuclear facilities -- Environmental aspects -- Congresses. 615 4$aRadioactive waste disposal -- Congresses. 615 4$aStocks. 676 $a332.6322 676 $a666.14 676 $a666/.14 686 $aBUS027000$2bisacsh 700 $aVillalta$b Thomas$0891930 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 801 2$bAzTeS 906 $aBOOK 912 $a9910141252503321 996 $aThe Large-Cap Portfolio$91992022 997 $aUNINA