Investing In A Post-Enron World

Paul Jorion

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This book presents asset-protecting strategies for the millions of investors spooked by the ongoing Enron debacle. The collapse of Enron - one of the most costly bankruptcy cases in history - has led millions of investors to question the safety of their portfolios and retirement plans. Investing in a Post-Enron World gives wary investors the tools they need to determine the safety of any investment and outlines a step-by-step program for ensuring that their portfolios are shielded from sudden disasters. The first Enron book specifically for investors, "Investing in a Post-Enron World" pulls no punches in telling investors what to buy and whom to trust, along with red flags to watch for. Its numerous methods for minimizing risk and over-exposure include: a quick course in investing and finance; guidelines for pulling the truth from financial statements; rules for "Enron-proofing" a portfolio through diversification; simple techniques for valuing a company and its stock; ways to manage downside risk; and how to become a "financial sleuth".

What will you learn from this book

  1. Corporate Governance and Ethics: Jorion might emphasize the importance of robust corporate governance and ethical practices to prevent corporate fraud and mismanagement.

  2. Transparency and Disclosure: The book could highlight the significance of transparency in financial reporting and the need for accurate and comprehensive disclosure to investors.

  3. Risk Management: Jorion might discuss the importance of effective risk management practices within companies and investment strategies, especially in identifying and mitigating financial risks.

  4. Regulatory Reforms: The aftermath of Enron might prompt discussions about regulatory reforms, addressing gaps in oversight and proposing changes to prevent similar corporate scandals.

  5. Investor Due Diligence: Encouraging investors to conduct thorough due diligence before investing in companies might be a key theme, emphasizing the need for scrutinizing financial statements and management practices.

  6. Market Confidence and Trust: Rebuilding investor confidence and trust in financial markets could be discussed, exploring strategies to restore faith in the integrity of corporations and markets.

  7. Corporate Culture and Accountability: Jorion might explore the influence of corporate culture on ethical practices and emphasize the importance of holding executives accountable for their actions.

  8. Lessons Learned from Enron: The book could draw lessons from the Enron collapse, highlighting warning signs, red flags, and factors that contributed to the downfall of the company.

  9. Role of Auditors and Analysts: Discussions might revolve around the roles and responsibilities of auditors, analysts, and other financial professionals in ensuring accurate reporting and analysis.

  10. Long-Term Impact: Exploring the long-term impact of the Enron scandal on corporate behavior, regulatory frameworks, and investor behavior might be addressed.

Language English
ISBN-10 0-07-140938-6
No of pages 244
Font Size Medium
Book Publisher Mcgraw Hill
Published Date 16 Feb 2003

About Author

Author : Paul Jorion

2 Books

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