"Rappaport appears genuinely concerned about the excess focus of financial community on short-term results at the expense of long term value and has produced a well-researched and coherently argued work." ("Decision", Jan 2012).[...]

Expectations Investing offers a unique and powerful alternative for identifying value-price gaps. Rappaport and Mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. And they add an important twist: they suggest that rather than forecasting cash flows[...]