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The Large-Cap Portfolio: Value Investing and the Hidden Opportunity in Big Compa [推广有奖]

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Financial Engineering

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The 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.

Written with a fluency that both the savvy amateur and professional investor will understand, the book fills a void in the market by offering the practitioner a methodology to identify and approach the major assumptions that underlie valuation, with an emphasis on issues that are more relevant to the analysis of large-cap stocks.

  • Full of useful information on how to reap the rewards of stocks that most investors avoid
  • Presents essential insights into understanding stock valuation
  • Includes an actionable chapter devoted to portfolio management

Packed with timely instruction, Large-Cap Portfolio gives readers invaluable insights and examples of how to build portfolios that will out-perform broad market benchmarks.


Editorial ReviewsFrom the Inside FlapPrevailing investment wisdom has declared active management of mid- to large-cap stocks a futile endeavor. Large-cap, or "large market capitalization," refers to the stocks of the largest, most highly valued companies in publicly traded securities markets. With market capitalization values of roughly more than $10 billion, these companies include many of the most recognized businesses in the world—from Walmart and Microsoft to General Electric and McDonald's. Their stocks, many investment experts contend, offer few chances to be opportunistic, but The Large-Cap Portfolio + Website: Value Investing and the Hidden Opportunity in Big Company Stocks takes a different view.
Contrarian and revolutionary, the book presents readers with a unique new methodology for identifying and approaching major assumptions about stock valuation, so that you can make better, more informed decisions about where to invest. Exploring the issues most relevant to analyzing large-cap stocks, author and portfolio manager Thomas Villalta looks at the opportunities and challenges large-caps present.
Encompassing a wide array of relevant subjects, the book includes chapters on trends, growth, research, and other essential topics, making it a must-have resource for anyone looking to buy stocks in large-caps—from professional investors to savvy amateurs.
Incorporating real-world examples to bring the concepts of assessment and valuation to life, the book includes an in-depth case study of Hewlett-Packard that walks you through the process of evaluating a large-cap opportunity step by step. In addition, a dedicated chapter on portfolio management offers additional insights and examples so that you can build a portfolio that's capable of outperforming relevant benchmarks. And for even more immersion, the book provides readers with access to a supplemental website loaded with further resources.
Accessible and comprehensive, The Large-Cap Portfolio brings together essential informationon how to capitalize on the stocks that mostinvestors steer clear of. There's money to bemade in large-caps, and this book is your guideto seizing the opportunities in this important segment of the market.


From the Back Cover

praise for The Large-Cap Portfolio

"Tom Villalta has crafted a thoughtful must-read for anyone who's a stock picker, anyone looking to step up their game in investing returns, or even the casual reader interested in how markets work. The book not only offers insightful tips from a seasoned pro, but also a spirited defense of the passion for picking stocks in an age when many are content to let the machines take over investing."—Tiernan Ray, Senior Editor, Barron's magazine

"Most investors hold large-cap stocks in their portfolios but don't really understand why. In The Large-Cap Portfolio, fund manager Thomas Villalta offers a clear explanation as to the importance of owning large-caps and why this asset class should not be taken for granted. He also offers a compelling case for actively managed strategies as opposed to indexes or 'closet-indexes.' All in all, it's an interesting, detailed look at an often overlooked sector of the market."—Gregg Greenberg, Mutual Funds Reporter, TheStreet.com


Product Details
  • File Size: 4415 KB
  • Print Length: 286 pages
  • Publisher: Bloomberg Press; 1 edition (April 12, 2012)
  • Publication Date: April 12, 2012
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B007U91P08


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