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0 of 8 people found the following review helpful:
4.0 out of 5 stars
some question about the book,
By Epsilon Delta (CA USA) - See all my reviews
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This review is from: Fundamental Analysis: A Back-to-the-Basics Investment Guide to Selecting Quality Stocks, Revised Edition (Hardcover)
This book covers difference area of fundamental analysis... but I find the book not covering cash flow a whole lot... it says that depreciation is a real cost... but i wonder why if it is a business that bought its own office? Then it has got a lot of depreciation but it is not real cost. the real effect is that the company constantly needs to spend on capital expenditure... and particularly, the capital expenditure that will go down in value. real estate goes up in value, for example. but if you have to keep on buying computers, they probably go down to 1/3 of its value in 5 years... so they are different.
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Fundamental Analysis: A Back-to-the-Basics Investment Guide to Selecting Quality Stocks, Revised Edition by John C. Ritchie Jr. (Hardcover - December 1, 1995)
Used & New from: $0.24
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