Stock Profits: Getting to the Core

Stock Profits: Getting to the Core – New Fundamentals for a New Age by Michael C. Thomsett is a must-read for traders and investors who want to cut through the noise of traditional financial reporting and uncover the real drivers of stock value. In today’s markets, conventional metrics like reported earnings or simple P/E ratios often mask the true health of a company. Thomsett introduces the concept of core earnings—a refined method that reveals a company’s genuine performance by filtering out distortions and one-time adjustments.

The book goes beyond surface-level analysis by combining fundamental research, trend discovery, cycle analysis, and risk evaluation. Thomsett demonstrates how corporate governance, demographic changes, and evolving global market forces influence stock performance. He provides practical workbooks for applying these concepts, giving readers actionable tools for identifying undervalued stocks and avoiding traps set by misleading financial statements.

Whether you’re a professional trader, institutional investor, or independent learner, this book equips you with the mindset and methods to thrive in a rapidly changing financial world. It’s not just about reading numbers—it’s about understanding the core of market behavior to make smarter, more consistent investment decisions.

✅ What You’ll Learn:

• How to calculate and apply core earnings for accurate valuation
• Why traditional P/E ratios and reported earnings can mislead investors
• The impact of economic and stock market cycles on long-term opportunities
• How to detect emerging trends that shape corporate value
• Techniques for applying confirmation analysis to verify market signals
• Identifying and managing fundamental volatility and risk
• Using Core Earnings and Trend Workbooks for hands-on financial analysis
• Understanding the role of corporate governance and transparency in stock performance

💡 Key Benefits:

• See through accounting distortions to reveal a company’s true financial health
• Improve decision-making with modernized fundamental analysis
• Anticipate sector and market shifts with trend and cycle analysis
• Gain confidence in evaluating risk and volatility
• Apply practical, step-by-step methods for stock selection

👤 Who This Book Is For:

• Active traders who want more reliable valuation tools
• Investors seeking to uncover genuine opportunities in stocks
• Analysts and portfolio managers looking for structured frameworks
• Finance students and professionals aiming to master modern fundamentals

📚 Table of Contents:

Part I – The Techniques

1. Core Earnings Calculations: A Revised Approach
2. Trend Discovery: Finding the Elements of Emerging Change
3. Trend Interpretation: Deciding What It Means
4. Confirmation: A Powerful Analytical Technique
5. Fundamental Volatility

Part II – The Tools

• Investigation: Verifying the Financials
• The Core Earnings Workbook: Finding the Numbers
• The Trend Workbook: Breaking the Code
• Looking Ahead: The Core Roadmap