Methods Of Stock Selection Essays - Finance, Economy, Money

Methods Of Stock Selection A lot of attention has been paid to different methods of stock selection. Lately momentum investing has been all the rage, and many have been suggesting that the old methods are no longer valid. But, as we have indicated all along, in the long run, the old rules will apply and those who ignore them may look great for their 15 minutes of fame, but in the end, they ignore the old rules at their peril. Two methods that have stood the test of time are value and growth investing. These are the two methods that we should pay the most attention to. You can use one or the other, or a combination of the two. We should apply both to our decisions, however, in each case we apply them to differing degrees. After all, every stock is an individual and should be treated as such. Normally, a value investor is considered to be someone who tries to find shares that are undervalued, and then buys them for a bargain. The reason for the share being undervalued could be an industry that is not currently popular, some recent bad news or just market neglect. The investor believes that due to this current unpopularity, the shares can be bought at a bargain, and oneday their true value will be realized. The most successful value investors are prepared to wait years for this true value to be realized, as long as they believe that the economic value is still there. Growth investors are investor's who are looking for shares of companies that are growing and expanding. Their belief is that the current price is not that important, as by expanding and growing, these companies are constantly increasing their economic value, which will translate into increase share price. It is often their position that if you wait for a lower price, you may miss the ride, because, as the companies grow, so will their price. Consequently, today's price which may seem high, will be considered a bargain when compared to tomorrow's. The most successful of these investors are also prepared to hold onto a share for a long time. After all, as long as the company is growing, its value should continue to go up. The above two styles both have merit, and when exercised correctly, they also emphasize quality. As indicated above, while it may sound like you can use one of these approaches, or the other, but not the two together, I do not believe this. I think that quality shares can be chosen for a number of reasons, one being growth, but once you have selected a quality share, there is no need to run right out and buy it. The next step should be to value it, to see if it can be purchased for a reasonable price. After all, market hype can cause even the best companies to be overvalued. This is true of all companies, especially fast growing ones. I should point out that this does not mean buying the share at the best price, or the bottom, it means satisfying yourself that the current price is economically justified. If you wait for the bottom, you will miss it nearly every time, or may never invest, as a better price may be coming. This could cause you to miss most of the best opportunities. On the other hand, if you value a share, then you will have the comfort of knowing that you have purchased some economic value, which should eventually be realized. You will not always be right, and your evaluations should be redone fairly regularly, but on the whole, this should add significant stability to your portfolio. Also, when your shares do drop, it will be easier to hold on to them and sleep at night, knowing that your investments still hold true economic value if not market value. Finally, from a purchasing point of view, valuing the shares, makes the decision easier. Presumably, you will be adding to your portfolio over time, so when you have new money to invest, you can review the companies in which you would like to increase your holdings, and add to the ones that are well

Project Vacuum Cleaner Essays

Project Vacuum Cleaner Essays Project Vacuum Cleaner Essay Project Vacuum Cleaner Essay The goal is to build a product that exceeds customers expectations of the current market and ultimately to secure more market share. You are given a fixed duration of 12 months to complete the project. Project Deliverables: 1 Develop a project charter (see the chart template) 2 Develop a project plan (see the project plan template). Complete sections a Section 1: Introduction I Org chart of your team High level was Responsibility matrix iv Resource chart b Section 2: Scope statement only I List your assumptions at a high level c Section 10: Project tracking and control d Other sections are options but highly recommended 3 MS project schedule a Define all relevant activities b Define duration for each task c Define predecessors relationships d Define milestones e Assign resources f Define cost g Identify critical path If possible 4 s-curve a Develop your S Curve using MS Excel b Graph your curve 5 Slide Presentation a You need to do a presentation and explain to the customer what you have done tit the budget and what the customer is getting for that money. Your discussion should revolve around the product not the program management methodology you used. B Make sure you have at least the following 7 slides in your presentation: I Executive summery Project Information at a high level In terms of budget, timeline, scope, resources, methodology items iv Snapshot of your MS project sch edule v Product design and features vi Issues/challenges you faced and how you resolved them vii Snapshot of your S-Curve viii Utilize tables, graphics, diagrams, videos, etc.

An Evaluation of CRM Strategy at Ping An Life Insurance, China Dissertation

An Evaluation of CRM Strategy at Ping An Life Insurance, China - Dissertation Example Ping An has been recognized and awarded for its customer relationship management approach but an evaluation of data suggests the adoption and implementation of CRM is not professionally and strategically adequate. Emphasis on salesmen appears to a hindrance to growth and accountability is lacking at Ping An. After evaluation of the available data, recommendations have been made on how CRM can be effectively implemented at Ping An Life Insurance. China Insurance industry Life insurance business in China is huge and intensely competitive, according to Binder, Bowers and Yung (2004) of The McKinsey Quarterly. China is now the world’s fastest growing major life insurance market. The drivers of growth in the sector include 40 percent household savings rate, limited and deteriorating public-pension and health schemes that have heightened the demand for personal retirement savings and protection tools. Consumers sought investment options but the choice was limited. No attractive mutual funds offers are available and consumers cannot invest overseas. Bank yields are very low compared to typical savings policy. This helped to stimulate growth in the insurance sector in 1990 when foreign insurance companies were allowed to enter China either in joint venture with 50:50 partnership or with a maximum of 25 percent ownership. However, within 15 years more than 90 percent of insurance sector is with three domestic insurers – China Life Insurance, Pi ng An Insurance and China Pacific Life Insurance. The insurance industry is among the fastest growing industries in China and is the core business of the Ping An Group (Annual Report, 2012). However, the Chinese insurance business is in transition and hence has to adjust for sustainable and healthy growth (Market Review, 2012). This is critical since China’s economy is growing and personal wealth is expanding and hence sustainable growth becomes essential. Besides, competition is setting in as foreign insurers’ operational areas have expanded, which means they can operate in geographical regions they were earlier barred from. Besides, despite the three domestic insurers having large number of agents, the productivity on an average is less than one-fourth of Hong Kong agents. It has also been found by Binder, Bowers and Yung (2004) that these agents give misleading information and poor customer service. Such issues would allow the foreign insurers to increase their mark et share of the affluent and mass-affluent segment. 1.2 Customer