Sunday, May 20, 2007

3/7/2006 Notes - O'Shaughnessy book

O'Shaughnessy

1. Market leaders
- large stocks
- market cap > avg
- shares outstanding > avg
- cash flow > avg
- sales > 1.5 * avg stock

2. all stocks value
- p/b < 1.5
- div yld > avg
- p/e < avg
- buy the 50 stocks w/ the lowest price/CF

3. cornerstone growth
- market cap > $200M
- P/S < 1.5
- earnings today > earnings a year ago
- buy 50 w/ greatest price appreciation in past year
- 3 month price appreciation > avg
- 6 month price appreciation > avg

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