Leading authorities on value investing reveal principles that have made value investing one of the most consistently profitable investment techniques. They explore the history of value investing, explain its underlying principles, and offer guidelines for its successful application. They tell where to look for underpriced securities and how to determine the intrinsic value of a stock, and describe alternative methods for constructing a portfolio that controls risk without restricting investment returns. They detail techniques of the most successful value investors of the 20th century, and show how to adapt techniques to new investment climates. Annotation c. Book News, Inc., Portland, OR (booknews.com)
From the "guru to Wall Street's gurus" comes the fundamental techniques of value investing and their applications
Bruce Greenwald is one of the leading authorities on value investing. Some of the savviest people on Wall Street have taken his Columbia Business School executive education course on the subject. Now this dynamic and popular teacher, with some colleagues, reveals the fundamental principles of value investing, the one investment technique that has proven itself consistently over time. After covering general techniques of value investing, the book proceeds to illustrate their applications through profiles of Warren Buffett, Michael Price, Mario Gabellio, and other successful value investors. A number of case studies highlight the techniques in practice.
Bruce C. N. Greenwald (New York, NY) is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University. Judd Kahn, PhD (New York, NY), is a member of Morningside Value Investors. Paul D. Sonkin (New York, NY) is the investment manager of the Hummingbird Value Fund. Michael van Biema (New York, NY) is an Assistant Professor at the Graduate School of Business, Columbia University.
