Getting Started in Value Investing
An accessible introduction to the proven method of value investing

An ardent follower of Warren Buffett-the most high-profile value investor today-author Charles Mizrahi has long believed in the power of this proven approach. Now, with Getting Started in Value Investing, Mizrahi breaks down this successful strategy so that anyone can learn how to use it in his or her own investment endeavors. Written in a straightforward and accessible style, this book helps readers gain an overall understanding of the value approach to investing and presents statistics that reveal the overwhelming success of this approach through a variety of markets. Engaging and informative, Getting Started in Value Investing skillfully shows readers how to look for undervalued companies and provides them with the tools they need to succeed in today's markets.

Charles S. Mizrahi (Brooklyn, NY) is Managing Partner of CGM Partners Fund LP. He is also editor of Hidden Values Alert, a monthly newsletter focused on value investing. Mizrahi has more than 25 years of investment experience and is frequently quoted in the press. Many of his articles appear online at gurufocus.com as well as on other financial sites.

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Getting Started in Value Investing
An accessible introduction to the proven method of value investing

An ardent follower of Warren Buffett-the most high-profile value investor today-author Charles Mizrahi has long believed in the power of this proven approach. Now, with Getting Started in Value Investing, Mizrahi breaks down this successful strategy so that anyone can learn how to use it in his or her own investment endeavors. Written in a straightforward and accessible style, this book helps readers gain an overall understanding of the value approach to investing and presents statistics that reveal the overwhelming success of this approach through a variety of markets. Engaging and informative, Getting Started in Value Investing skillfully shows readers how to look for undervalued companies and provides them with the tools they need to succeed in today's markets.

Charles S. Mizrahi (Brooklyn, NY) is Managing Partner of CGM Partners Fund LP. He is also editor of Hidden Values Alert, a monthly newsletter focused on value investing. Mizrahi has more than 25 years of investment experience and is frequently quoted in the press. Many of his articles appear online at gurufocus.com as well as on other financial sites.

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Getting Started in Value Investing

Getting Started in Value Investing

by Charles S. Mizrahi
Getting Started in Value Investing

Getting Started in Value Investing

by Charles S. Mizrahi

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Overview

An accessible introduction to the proven method of value investing

An ardent follower of Warren Buffett-the most high-profile value investor today-author Charles Mizrahi has long believed in the power of this proven approach. Now, with Getting Started in Value Investing, Mizrahi breaks down this successful strategy so that anyone can learn how to use it in his or her own investment endeavors. Written in a straightforward and accessible style, this book helps readers gain an overall understanding of the value approach to investing and presents statistics that reveal the overwhelming success of this approach through a variety of markets. Engaging and informative, Getting Started in Value Investing skillfully shows readers how to look for undervalued companies and provides them with the tools they need to succeed in today's markets.

Charles S. Mizrahi (Brooklyn, NY) is Managing Partner of CGM Partners Fund LP. He is also editor of Hidden Values Alert, a monthly newsletter focused on value investing. Mizrahi has more than 25 years of investment experience and is frequently quoted in the press. Many of his articles appear online at gurufocus.com as well as on other financial sites.


Product Details

ISBN-13: 9780470139080
Publisher: Wiley
Publication date: 11/09/2007
Series: Getting Started In... , #72
Pages: 208
Product dimensions: 6.28(w) x 9.33(h) x 0.61(d)

About the Author

Charles S. Mizrahi is Managing Partner of CGM Partners LP. He is also Editor of Hidden Values Alert, a monthly newsletter focused on value investing. Mizrahi has more than twenty years of investment experience and is frequently quoted in the press. Many of his articles appear online at www.gurufocus.com as well as on other financial sites.

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Table of Contents

Acknowledgments ix

Introduction Value Really Means Something 1

Chapter 1 The 5 Misconceptions of Value Investing 7

Chapter 2 The Basics of Value Investing: A Few Things You Must Know 19

Chapter 3 Market Caveats: Lessons from the Past 31

Chapter 4 Are Great Companies Great Investments? Stick with the Champs 45

Chapter 5 Who’s in Charge? Management Counts: Getting Comfortable with Management 55

Chapter 6 Competition: Threat or Opportunity? The Enduring Competitive Advantage 73

Chapter 7 The Essential Valuation Variables that Really Count: Financial Statement Basics 89

Chapter 8 The Essential Operating Variables that Really Count: Bringing the Numbers to Life 107

Chapter 9 The Price of Stock versus the Value of the Company 121

Chapter 10 Your Own Worst Enemy 145

Chapter 11 My Final Words of Value 155

Glossary 171

Recommended Reading and Resources 173

Notes 177

Index 183

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