Course 401: Understanding Value
The Bottom Line
In this course
1 Introduction
2 Why Valuation Matters
3 Measuring Market Capitalization
4 The Meaning of Stock Values
5 Two Approaches to Stock Valuation
6 The Bottom Line

Finding great companies is only half the equation in picking stocks. Figuring out an appropriate price to pay is just as important to your investment success. A great company might not be a great investment if its stock is too expensive. Likewise, a company of mediocre quality could be a good investment if bought cheaply enough. Either way, it's critical to be aware of the prices you are paying for your stock investments.

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