Mega Dose
 
 

Special Offers see all

Enter to WIN a $100 Credit

Subscribe to PowellsBooks.news
for a chance to win.
Privacy Policy

Tour our stores


    Recently Viewed clear list


    Original Essays | September 30, 2014

    Brian Doyle: IMG The Rude Burl of Our Masks



    One day when I was 12 years old and setting off on my newspaper route after school my mom said will you stop at the doctor's and pick up something... Continue »

    spacer
Qualifying orders ship free.
$8.95
List price: $21.95
Used Trade Paper
Ships in 1 to 3 days
Add to Wishlist
Qty Store Section
1 Local Warehouse Business- Investing

More copies of this ISBN

This title in other editions

Other titles in the Wiley Finance series:

Value Investing: From Graham to Buffett and Beyond (Wiley Finance)

by

Value Investing: From Graham to Buffett and Beyond (Wiley Finance) Cover

 

Synopses & Reviews

Publisher Comments:

Described by the New York Times as the "guru to Wall Street's gurus," Bruce Greenwald is a leading authority on value investing. His courses and seminars on the subject have drawn some of the savviest people in the investment world. Now, along with some colleagues, Greenwald reveals the fundamental principles that have made value investing one of the most consistently profitable investment techniques.

In an investment world frequently blinded by excessive optimism, short-term speculation, and other practices ranging from unsound to downright shady, value investing remains a reliable discipline even as it moves into a new century. Built on the works of Benjamin Graham, the father of security analysis, value investing is based on the premise that the underlying value of a financial security is measurable and stable, even though the market price fluctuates widely. The core of value investing is to buy securities when their market prices are significantly below their intrinsic values. Graham called the gap between price and value the "margin of safety." A large margin of safety both increases the potential return and reduces the risk of loss.

In Value Investing, the authors enrich the discipline by exploring its history, explaining its underlying principles, and setting guidelines for its successful application. The book covers such indispensable issues as:

* Where to look for underpriced securities

* How to determine the intrinsic value of a stock

* Alternative methods for constructing a portfolio that control risk without restricting investment returns

After discussing the basis of value investing, the book describes the proven techniques of some of the greatest value investors in history, including Warren

Buffett, Walter Schloss, Mario Gabelli, and Michael Price. By adapting Graham's strategies to accommodate new investment climates, each has contributed a distinctive thread to make the discipline of value investing stronger and more flexible.

Value Investing is a must for any serious investor wishing to gain a better understanding of the principles and practices behind this time-tested approach. It will earn a place on the bookshelf next to Graham and Dodd's Security Analysis and Graham's The Intelligent Investor.

Synopsis:

Explains the underlying principles of value investing and sets guidelines for the successful application of this proven methodology. By exploring the history of value investing, this informative book also reveals how the greatest value investors followed their philosophy and profited from it.

Synopsis:

"This book deserves a place on every serious investor’s shelf."

–FINANCIAL TIMES

"A must-read for all disciples of value investing. In 1934, Graham and Dodd created fundamental security analysis. Greenwald reinforces the worth of this approach, incorporates new advances, and takes their work into the twenty-first century."

–Mario J. Gabelli, Chairman, Gabelli Asset Management, Inc.

"The new title most deserving of your time is Value Investing . . . . Its authors aim to place their work next to Benjamin Graham’s 1950 classic, The Intelligent Investor. My 1986 edition came with Warren Buffett’s endorsement–‘by far the best book on investing ever written.’ Value Investing is better."

–Robert Barker, BusinessWeek

"Greenwald is an economist (PhD from MIT) who caught the value bug. He has updated and expanded Graham’s ideas, and his summer seminars ($2,900 for two days) have become popular with everyone from well-known money managers to Columbia MBAs who couldn’t get into Greenwald’s class. But now there is a cheaper way . . . Greenwald probably won’t outsell Graham, but I think he ought to."

–Paul Sturm, SmartMoney magazine

"Greenwald’s book is a lively defense of, and handbook for, value investing, complete with glimpses of how it’s practiced by pros like Warren Buffett and Mario Gabelli."

–George Mannes, TheStreet.com

"Essential reading for anyone looking for a fresh perspective on analyzing companies and selecting investments."

–Pat Dorsey, Morningstar.com

Synopsis:

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.

About the Author

BRUCE C. N. GREENWALD is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University Graduate School of Business.

JUDD KAHN has taught history, served in city government, and worked as a securities analyst, a CFO, and a management consultant. He has a PhD in history from the University of California, Berkeley.

PAUL D. SONKIN is the investment manager of the Hummingbird Value Fund. He has worked at the SEC, Goldman Sachs, Royce Funds, and First Manhattan Company. He holds an MBA from Columbia.

MICHAEL van BIEMA is a member of the finance faculty of Columbia Business School. Prior to joining the faculty of Columbia, he was a principal at the RONIN Corporation, a management consulting firm, and the cofounder of several technology companies. He has a PhD from Columbia in computer science.

Table of Contents

Preface to the Paperback Edition.

Preface to the First Edition.

PART I: AN INTRODUCTION TO VALUE INVESTING.

1. Value Investing: Definitions, Distinctions, Results, Risks, Principles.

2. Searching for Value: Fish Where the Fish Are.

PART 11: THREE SOURCES OF VALUE.

3. Valuation in Principle, Valuation in Practice.

4. Valuing the Assets: From Book Value to Replacement Costs.

5. Earning Power Value: Assets Plus Franchise.

6. A Wonderful Little Franchise: The Earning Power of WD-40.

7. Inside Intel: The Value of Growth Within the Franchise.

8. Constructing the Portfolio: Risk, Diversification, and Default Strategies.

PART III: VALUE INVESTING IN PRACTICE: PROFILES OF EIGHT VALUE INVESTORS.

9. Warren Buffett: Investing Is Allocating Capital.

10. Mario Gabelli: Discovering and Unlocking the Private Market Value.

11. Glenn Greenberg: Investigate, Concentrate, and--Watch That Basket.

12. Robert H. Heilbrunn: Investing in Investors.

13. Seth Klarman: Distressed Sellers, Absent Buyers.

14. Michael Price: Discipline, Patience, Focus, and Power.

15. Walter and Edwin Schloss: Keep It Simple, and Cheap.

16. Paul D. Sonkin: Small Is Beautiful, Especially When It's Ugly.

References.

Acknowledgements.

Index.

Product Details

ISBN:
9780471463399
Author:
Greenwald, Bruce
Publisher:
John Wiley & Sons
Author:
Greenwald, Bruce C. N.
Author:
D. Sonkin
Author:
Kahn, Judd
Author:
Paul
Author:
Biema, Michael van
Author:
Sonkin, Paul D.
Author:
van Biema, Michael
Location:
New York
Subject:
Investments
Subject:
Speculation
Subject:
Investments & Securities - General
Subject:
Investments & Securities
Subject:
Business, Investing
Subject:
Institutional & Corporate Finance
Copyright:
Edition Description:
Paperback
Series:
Wiley Finance
Series Volume:
82
Publication Date:
January 2004
Binding:
TRADE PAPER
Grade Level:
General/trade
Language:
English
Illustrations:
Y
Pages:
320
Dimensions:
8.98x6.44x.80 in. 1.12 lbs.

Other books you might like

  1. Genome: The Autobiography of a... Used Hardcover $4.95
  2. Security Analysis Used Hardcover $36.00
  3. Damn Right!: Behind the Scenes with... New Hardcover $57.95
  4. The Money Book for the Young,... Used Trade Paper $5.50
  5. The Vulture Investors New Hardcover $63.50
  6. The Streetsmart Guide to Stock... Used Hardcover $9.95

Related Subjects

Business » Accounting and Finance
Business » Communication
Business » General
Business » Investing
Business » Personal Finance
Computers and Internet » Networking » General

Value Investing: From Graham to Buffett and Beyond (Wiley Finance) Used Trade Paper
0 stars - 0 reviews
$8.95 In Stock
Product details 320 pages John Wiley & Sons - English 9780471463399 Reviews:
"Synopsis" by , Explains the underlying principles of value investing and sets guidelines for the successful application of this proven methodology. By exploring the history of value investing, this informative book also reveals how the greatest value investors followed their philosophy and profited from it.
"Synopsis" by , "This book deserves a place on every serious investor’s shelf."

–FINANCIAL TIMES

"A must-read for all disciples of value investing. In 1934, Graham and Dodd created fundamental security analysis. Greenwald reinforces the worth of this approach, incorporates new advances, and takes their work into the twenty-first century."

–Mario J. Gabelli, Chairman, Gabelli Asset Management, Inc.

"The new title most deserving of your time is Value Investing . . . . Its authors aim to place their work next to Benjamin Graham’s 1950 classic, The Intelligent Investor. My 1986 edition came with Warren Buffett’s endorsement–‘by far the best book on investing ever written.’ Value Investing is better."

–Robert Barker, BusinessWeek

"Greenwald is an economist (PhD from MIT) who caught the value bug. He has updated and expanded Graham’s ideas, and his summer seminars ($2,900 for two days) have become popular with everyone from well-known money managers to Columbia MBAs who couldn’t get into Greenwald’s class. But now there is a cheaper way . . . Greenwald probably won’t outsell Graham, but I think he ought to."

–Paul Sturm, SmartMoney magazine

"Greenwald’s book is a lively defense of, and handbook for, value investing, complete with glimpses of how it’s practiced by pros like Warren Buffett and Mario Gabelli."

–George Mannes, TheStreet.com

"Essential reading for anyone looking for a fresh perspective on analyzing companies and selecting investments."

–Pat Dorsey, Morningstar.com

"Synopsis" by , 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.
spacer
spacer
  • back to top

FOLLOW US ON...

     
Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.