Security Analysis and Business Valuation on Wall Street,: A ... - lib

Index 395Fur retailing industry, 81Futures contracts, 24GAAP. See Generally Accepted AccountingPrinciples (GAAP)Gabelli, Mario, 250Gambling industry, 86Games, financial, 176–180Game theory, 8–9, 217Garofalo, David, 172Gatehouse Media, Inc., 169Gates, Bill, 115GDP change vs. EPS changes, 80Geithner, Timothy, 375General Bearing, 115General Electric, 74, 150, 236Generally Accepted Accounting Principles(GAAP), 145, 146, 147, 156, 159, 344General Mills, 144General Motors, 15Genzyme, 74, 114Germany, 84, 347, 348, 356GlaxoSmithKline, P/E ratio of, 74Global Crossing, 106, 153Global themes, using in investing, 23GNP, 65, 86, 88, 185Goldberg, Glen, 55Goldman Sachs, 20, 54, 189, 295, 322,377Gold prices, 172Golf equipment industry, 81Goodwill, 142, 144, 158–159, 162Goodyear Tire, 211Google, 21, 229, 322Governance structure of small institutions,25Government. See also Government regulationsimpact on industry, 83–84industry analysis <strong>and</strong>, 81sales <strong>and</strong> profitability <strong>and</strong>, 81U.S. casino-style gambling industry, 87Government publications, 54Government regulations. See also Federal ReserveBank; Governmentin company-specific analysis, 115as risk factor, 44Government regulators, 294, 374Government regulatory agencies, 372Grabowski, Roger, 213Grade inflation, 374Graham, Benjamin, xv, 3–5, 10, 21, 68, 69, 70,181Great Depression, 32Greed, investors <strong>and</strong>, 6Greenlight Capital, 322Grocery store industry, 255Gross national product (GNP). See GNPGrowth:acquisition, 103–104Capitol Federal Financial Corporation, 302of index funds <strong>and</strong> ETFs, xvii, 24internal, in business analysis, 102–103life cycle phase, 76–77, 106in mergers <strong>and</strong> acquisitions, 142–145ratios, 128, 131, 220, 221real <strong>and</strong> nominal, in industry analysis, 76Growth companies:GNP vs. EPS, 80, 175, 184sales/receivables ratio of, 130types of, 167–169Growth industries, 76, 77, 78, 79, 91, 184Growth/share matrix (BCG), 105Growth stocks, 22Gunther, Andrew, 357Haffenreffer, Nicholas, 371Halo effect, 160Hannaford Bros., 256Harrah’s Entertainment, 297Harris Teeter, 253, 255, 257, 258, 260, 261,262HBOS, 370Health care industry, 82Health South, 153, 157Heavy equipment/machinery manufacturers, 79,108Hedgefund.net, 270Hedge funds, xvi, 222under management, 270managers, 20, 217origin of, 26Heineken (Holl<strong>and</strong>), 349Helmut, Paul, 359Herd psychology, xiv, 6–7Hidden value, 250Highly speculative stocks. See Speculative stocks,highlyHigh-tech firms, 373High-tech stocks, 210, 329Hill, Judd, 276Hockey stick phenomenon, 190–192Home builder, forecast for, 66Home building company, cascade of forecasts, 66Honda Motors, 347Honduras, 110Honeywell International, 245–250Hong Kong, 353Hoover administration, 32Hotels, 231Housing bubble, collapse of, 370–371Hughes Hubbard, 354Huntsman Chemical Corporation, 183, 189–190condensed forecast financial data, 187critiquing the projection, 185–186