- Shopping Bag ( 0 items )
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 ...
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.
Introduction. Value Really Means Something.
Chapter 1. The 5 Misconceptions of Value Investing.
Chapter 2. The Basics of Value Investing: A Few Things You Must Know.
Chapter 3. Market Caveats: Lessons from the Past.
Chapter 4. Are Great Companies Great Investments? Stick with the Champs.
Chapter 5. Who's In Charge? Management Counts (more than money): Getting Comfortable with Management.
Chapter 6. Competition: Threat or Opportunity? The Enduring Competitive Advantage.
Chapter 7. The Essential Valuation Variables that Really Count: Part 1 - Financial Statement Basics.
Chapter 8. The Essential Operating Variables that Really Count: Part II - Bringing the Numbers to Life.
Chapter 9. The Price of a Stock versus the Value of the Company.
Chapter 10. Your Own Worst Enemy.
Chapter 11. My Final Words of Value.
Recommended Reading & Resources.
Posted January 19, 2009
I Also Recommend:
Very nicely laid out, clear and concise. If you want to get started in value investing, you will find this book does what it says.<BR/><BR/>The basic premise of value investing, as stated in the book, is that you are trying to buy $1 worth of value for 70c. The problems come when you try to determine what fair value is. As I discovered in my research for "Stock Fundamentals On Trial: Do Dividend Yield, P/E and PEG Really Work?", it's not necessarily a simple matter of screening for stocks with high dividend yield, or low P/E, or low PEG. And it gets harder if you base your decisions on forecasts of those fundamental measure, because analysts' forecasts can turn out to be spectacularly wrong -- as the past 18 months has shown.<BR/><BR/>Favorable fundamentals are an indicator of the value that might be unlocked at some future time, but are no guarantee. In the meantime even grossly overvalued stocks can rise ever higher during a bull market -- until the bubble bursts.<BR/><BR/>There are many ways to make (and lose) money in the markets, and value investing is one of them. This book explains it very well.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted June 12, 2011
No text was provided for this review.