The Defensive Value Investor: A complete step-by-step guide to building a high-yield, low-risk share portfolio

The Defensive Value Investor presents a simple and comprehensive strategy for building and managing a share portfolio.

Defensive investing focuses on strong, steady companies that produce decent rates of income and capital growth, but with risk often coming from a lofty share price. Value investing on the other hand is focused on buying companies on the cheap, but the danger is that these companies are cheap for a reason. Defensive Value combines the two and involves buying relatively defens...