Free Cash Flow and Shareholder Yield: New Priorities for the Global Investor
Product Description
Praise for Free Cash Flow and Shareholder Yield “Free Cash Flow and Shareholder Yield provides a provocative solution to the profound paradigm shift now redefining valuation standards for markets around the globe. In commonsense terms, it defines how the investment community has begun the journey of shifting to the more dependable, robust metric of free cash flow.”
—Rob Brown, Chief Investment Officer, Genworth Financial Asset Management, Inc…. More >>
Free Cash Flow and Shareholder Yield: New Priorities for the Global Investor
Although I found the concepts very relevant, this book is very focused on the USA perspective. International markets such as Australia have a very different tax and investment perspective and these differences need to be considered. For example the USA and Europe suffered very badly from the Global Financial Crisis but Australia escaped largely unscathed due to more responsible financial governance from both the banks and the Government itself.
I was hoping for a book on investment from a private investor or business owner point of view and this book was mainly about the investor in shares in public companies.
Having said the above I found the book a very informative read and believe that the purchase of this book adds a valuable information source to my library.
Rating: 3 / 5
Comment by C. Marshall — March 2, 2010 @ 12:03 am