<p>How To Pick Quality Shares provides a three-step process for analysing company financial information to find good investments. The three steps boil down to finding quality companies, avoiding dangerous or risky companies, and not paying too much for companies’ shares. Applying the in-depth techniques described here will give investors a better understanding of companies, and an edge over other investors, including professional investors and analysts.</p><p>Phil Oakley, an experienced investment analyst and private investor, guides the reader step-by-step through these three stages:<br/>1. For the first step, he shows how to identify the kind of high-quality companies that are capable of being profitable investments over the long term. Important themes are how much a company earns on the money it invests, reliable measures of profit and the importance of cash flow.<br/>2. Next, he shows how to spot the dangers and risks that could lead to a company being a bad investment. Her