
Value Investing
From Graham to Buffett and Beyond
Wiley (Publisher)
Published on 12. August 2020
Book
Hardback
384 pages
978-0-470-11673-9 (ISBN)
Description
Beat the market with the tips and techniques from the best value investors in the world
The classic, seminal work in the field, Value Investing has been updated in a new, second edition to include the latest trends and a close look at some of the emerging investors who continue in the value investing tradition of Ben Graham and Warren Buffett. Featuring an exploration of the history of value investing and those that brought this investment approach to the fore, you will also discover the real-world techniques you can use to propel your own portfolio using a sound, proven approach to discovering value.
In the modern era, investors are increasingly caught up in so-called hot tips, can't-miss startups, excessive optimism, and short-term speculation. Value investing is the antithesis to these short-sighted approaches, and stresses what Ben Graham--the father of value investing--referred to as the 'margin of safety' when describing the gap between an equity's price and its value.
* Provides an overview of the techniques of value investing as practiced by some of the greatest value investors of all time
* Includes an exploration of the history of value investing, including an explanation of underlying principles and successful execution of value investing techniques
* Features updates in the new edition that include an analysis of the investment returns of value investing versus growth strategies
* Offers profiles of some of the emerging players in the field of value investing, including Andrew Weiss, Joel Greenblatt, Mason Hawkins, and Bill Nygren
Value Investing, Second Edition is your guide to implementing value investing principles in your own portfolio, complete with a look at the approaches used by the best value investors past and present.
More details
Series
Edition
2nd Edition
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 155 mm
Thickness: 33 mm
Weight
870 gr
ISBN-13
978-0-470-11673-9 (9780470116739)
Schweitzer Classification
Other editions
Additional editions

E-Book
11/2020
2nd Edition
Wiley
€24.99
Available for download

E-Book
10/2020
2nd Edition
Wiley
€24.99
Available for download
Previous edition

Book
07/2001
1st Edition
Wiley
€49.90
Article exhausted; check for reprint
Persons
Bruce C.N. Greenwald (New York, NY) is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University and is the academic Director of the Heilbrunn Center for Graham & Dodd Investing. He teaches the same Value Investing course at Columbia University that was originally started by Benjamin Graham.
Barbara Kiviat (New York, NY) is a business reporter for TIME magazine. She received the Provost's Undergraduate Research Award from Johns Hopkins University in 2001, prior to starting her career in journalism.
Content
Introduction
Chapter 1 Value Investing: Definitions, Distinctions, Results, Risks, Principles
Chapter 2 Searching for Value: Finding the Right Side of the Trade
Chapter 3 Valuation in Principle, Valuation in Practice: Assets, Earnings Power, and Growth, Maybe
Chapter 4 Valuing the Assets: From Book Value to Replacement Costs
Example 1 Hudson General
Chapter 5 Earnings Power Value
Example 2 Magna International
Chapter 6 Growth
Chapter 7 "Good Businesses"
Chapter 8 The Valuation of Franchise Stocks
Chapter 8 Appendix
Example 3 WD-40
Example 4 Intel
Chapter 9 Research Strategy
Chapter 10 Risk Management and Building Portfolios