We’d love your help. Find helpful customer reviews and review ratings for The Little Book of Value Investing (Little Books. It’s on my list for summer reading at the cottage and it’s nice at times to hear opinions from peers on their perspectives. An amateur mind is maleable, and this book would ensure that it is molded in log. Why I Read this Book: With the intensity of today’s market, I wanted a quick recap of true value investing. Thank you Mr. Browne, well done! Dwells a little bit about screening the stocks and reading PL statement. For example, since their inception in 1993, both Tweedy, Browne's Value and Global Value Funds have outperformed market averages. March 29th 2011 Top subscription boxes – right to your door, See all details for The Little Book of Value Investing, © 1996-2020, Amazon.com, Inc. or its affiliates. Deine E-Mail-Adresse wird nicht veröffentlicht. Your recently viewed items and featured recommendations, Select the department you want to search in. If neither, there is a high probability that you are not suited for this. "Look at the past, and the think about the future!" There's a problem loading this menu right now. Required fields are marked *. Thank you Christopher Browne! You can still see all customer reviews for the product. After Ben Graham'S Intelligent investor, this little boom stands out for it's simplicity and clarity. Talks about intrinsic vs relative valuing in different contexts.
I looked up the performance of some funds managed by well known value managers, including Tweedy, Browne. It's actually a more drawn out treatment of a study on Tweedy, Browne's website, called, "What Has Worked In Investing. I see a few reviews commenting on level of difficulty in reading this book so I’ll add my $0.02. Pretty concise. This was my first book on value investing and now having read multiple books on the subject, I came back to write a review for this amazing little book that left a lasting impression on me. The Little Book of Value Investing is a great introductory text for someone new to value investing. The big problem is it is very vague and does not provide a significant framework. I would recommend this book to someone who is familiar with Value Investing and it's concepts and is looking for a framework.
Aswath Damodaran does a good job of introducing the different concepts of valuation and describes well and with examples how to use these different valuation methods in practice. Christopher H. Browne was a famous value investor. Book Review: 'The Little Book of Value Investing' - An Excellent Entry Point for Novices . The important ratios here are: Reviewed in the United States on February 1, 2014.
The valuation principles outlined by Damodaran are sound and succinctly expressed. Thoroughly written with the right level of detail. An amateur mind is maleable, and this book would ensure that it is molded in logic. This book covers the main tenets of value investing quite well. Geoff Gannon.
I'm In plant operations for a developing world company. I shifted to online blogs and articles until I came across this book. Oct. 8, 2006 10:15 AM ET. This clarifies that valuations aren't an exact science but estimates and could vary from person to person. Damodaran argues a little in favor of this approach, but not much. I read this book today in a few hours. Value investors are more like farmers. young, growth and mature companies, financials, cyclicals/commodity producers, etc. The title is a misnomer, as the author spends no time on stock picking. But it is not for kids only. This book can be a starting point for learning for a lot of new investors who are entering the market. Reviewed in the United States on April 12, 2012.
Key valuation on whether intrinsic of relative value bring more towards assessing risk that affects value.
The primer on value investing I would recommend to anyone interesting in stockpicking. Aswath Damodaran is a Professor of Finance at the Stern School of Business at New York University (Kerschner Family Chair in Finance Education), where he teaches corporate finance and equity valuation. Hypothesis: you are already a convinced "value investor".