Expectations Investing argues for a fundamental change in the way professional managers and individual investors select stocks.Covers important finance basics. MBAs-or a determined individual investor who can read a balance sheet-will find this book to be a great foundation.Supplies financial and strategic tools to help readers value stocks and estimate a company's value creation prospects.Provides readers with compelling reasons for switching from their traditional investing approaches to expectations investing practices.Shows readers how they can apply the fundamental economic principles to all companies-physical, service, knowledge, and start-ups-and outlines how to identify related buy and sell opportunitiesExplains how a start-up's employee stock options, real options, and stock price volatility affect its business operations and, consequently, its stock value.Offers readers a more practical, effective way to identify value-price gaps-the key to superior returns.The tutorials and spreadsheets at the www.expectationsinvesting.com web site help readers apply the ideas in the book.