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| Introduction : the array of securities : economic background | |
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| The scope and limitations of security analysis | |
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| The behavior of the security markets | |
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| Investment and speculation | |
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| Investment policy | |
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| Nature and sources of the analyst's information | |
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| Quantitative and qualitative factors in security analysis : the margin-of-safety concept | |
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| Classification of securities | |
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| Analysis of the income account : general procedure | |
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| Effect of reserves upon the income account | |
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| Inventory valuations and inventory reserves : contingency reserves | |
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| The relation of depreciation and similar charges to earning power | |
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| Amortization charges from the investor's viewpoint | |
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| Allowance for results of subsidiaries and affiliates | |
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| Reported earnings and taxable earnings | |
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| Balance-sheet analysis | |
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| Interpretations of the financial data : per-share figures and key ratios | |
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| A comparison based on key ratios : physical data used in analysis | |
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| Analysis of specific industries : railroad analysis | |
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| Factors in public-utility analysis : introduction | |
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| Factors in public-utility analysis : income-statement analysis | |
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| The selection of fixed-income securities | |
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| Specific standards for bond investment | |
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| Specific standards for bond investment (continued) | |
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| Specific standards for bond investment (continued) | |
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| Additional factors in bond analysis | |
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| Preferred stocks | |
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| Technique of selecting preferred stocks for investment | |
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| Income bonds and guaranteed securities | |
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| The theory of common-stock investment : historical survey | |
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| Current modes of common-stock investment | |
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| The pros and cons of the valuation approach : the valuation factors | |
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| Projections of earnings and dividends : significance of the earnings record : the concept of earning power | |
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| The dividend factor in common-stock valuation | |
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| Technical aspects of the dividend rate : stock dividends | |
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| The capitalization rate for earnings and dividends | |
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| Capitalization structure | |
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| The asset-value factor in common-stock valuation | |
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| The valuation of public-utility common stocks | |
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| The valuation of public-utility common stocks (continued) | |
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| Privileged issues | |
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| Technical characteristics of privileged senior securities | |
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| Participating and warrant-bearing issues : privileged issues vs. the related common stocks | |
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| Senior securities of questionable safety | |
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| Leverage | |
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| Low-priced common stocks : option warrants | |
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| General approach to the subject : stockholders and managerial efficiency | |
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| Stockholders, managements, and dividend policy | |
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| Stockholders and their capital | |
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| Stockholder-management controversies | |
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| Regulation by the Securities and Exchange Commission : recapitalizations and reorganizations | |
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| Discrepancies between price and value | |
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| Market analysis and security analysis | |