Grande Expectations: A Year in the Life of Starbucks Stock

Karen Blumenthal, like most people, is mystified by the stock market. Just why is it, she wonders, that seemingly good news can send a stock plummeting and bad news can send it skyrocketing again?

In Grande Expectations, she shows how money is made and lost by following one of Americaƒ??s hottest growth stocks, Starbucks, through a year of rapid store openings, fancy new drinks, and clever promotions, revealing how the many playersƒ??big and small investors, company management, analysts, and the mediaƒ??propel its shares up and down.

Blumenthal pulls back the curtain on the stock market to expose its quirks and inner workings, from the power of a penny of earnings and the unexpected impact of a stock split to the image-enhancing effects of a brand of bottled water. With a fly-on-the-wall, character-driven narrative, Grande Expectations not only makes investing interesting but also will help you make smarter and savvier investing choices by:

ƒ?›Understanding how big pension and mutual fund managers decide whether to buy more Starbucksƒ??or dump it

ƒ?›Seeing the unique ways that analysts and other finance professionals assess an investmentƒ??dissecting not only the numbers but also the companyƒ??s management, demographics, and global opportunities

ƒ?›Learning how Starbucks executives manage our expectations and keep excitement percolating about the businessƒ??and the stock

ƒ?›Watching how a stock is traded and how that might affect your buying or selling

ƒ?›Gleaning how multibillion-dollar private hedge funds make money on infinitesimal changes in a stockƒ??s price

ƒ?›Entering the dark, strange world of the short sellers

ƒ?›Realizing how different people can make absolutely opposite bets and all still come out ahead

Youƒ??ll come away with new insights into how the stock market really worksƒ??the power of expectations, stock buybacks, and profitsƒ??and explore Starbucksƒ?? phenomenal growth and whether it is sustainable. By unraveling the marketƒ??s mysteries, Grande Expectations shows how investing can be both profitable and understandable. Get ready for the ride of your lifeƒ??and a lifetime of fruitful stock market success.