Book : Value Investing From Graham To Buffett And Beyond...

-Titulo Original : Value Investing From Graham To Buffett And Beyond (wiley Finance)

-Fabricante :

Wiley

-Descripcion Original:

Explore the modern extension of value investing in this essential text from “the guru to Wall Street’s gurus”The substantially rewritten Second Edition of Value Investing: From Graham to Buffett and Beyond delivers an incisive and refined approach to investing grounded on almost 100 years of history, beginning with Graham and Dodd. Founded on the value investing course taught for almost twenty-five years by co-author Bruce Greenwald at Columbia Business School, the book helps investors consistently land on the profitable side of the trade.Readers will learn how to search for underpriced securities, value them accurately, hone a research strategy, and apply it all in the context of a risk management practice that mitigates the chance of a permanent loss of capital.The new edition includes:Two innovative new chapters discussing the valuation of growth stocks, a perennial problem for investors in the Graham and Dodd traditionNew profiles of successful investors, including Tom Russo, Paul Hilal, and Andrew WeissAn extended discussion of risk management, including modern best practices in an environment where it is often divorced from individual security selectionA substantive expansion of an already highly regarded book, Value Investing: From Graham to Buffett and Beyond is the premier text discussing the application of timeless investing principles within a transformed economic environment. It is an essential resource for portfolio managers, retail and institutional investors, and anyone else with a professional or personal interest in securities valuation and investing.Successful value investing practitioners have graced both the course and this book with presentations describing what they really do when they are at work. Find brief descriptions of their practices within, and video presentations available on the web site that accompanies this volume: :// wiley /go/greenwald/valueinvesting2e From the Inside Flap The First Edition of Value Investing: From Graham to Buffett and Beyond was published in 2001. It is still in print, having sold over 100,000 copies. It has been translated into five languages. Business school professors still assign it in their courses. But in the 20 years since the First Edition, the economy has changed, the investment world has evolved, and the discipline of value investing has adapted to this new environment. This Second Edition responds to these developments. It extends and refines an approach to investing that began with Benjamin Graham and David Dodd during the Great Depression and was adapted by Warren Buffett, Charlie Munger, and others to earn returns in an environment in which the opportunity to buy a stock worth a dollar for 50 cents is no longer waiting in plain sight. The foundation of this book is the course on value investing that Bruce Greenwald taught at Columbia Business School for almost a quarter century. His aim in the course, and our aim in the book, is to help the investor operating in the Graham and Dodd tradition find him or herself on the right side of the trade. The steps include searching for the right securities, valuing them appropriately, honing a research strategy to devote time to the right activities, and wrapping it all within a risk management practice that protects the investor from permanent loss of capital. Successful value investing practitioners have graced both the course and this book with presentations describing what they really do when they are at work. There are brief descriptions of their practices within, and video presentations available on the web site that accompanies this volume: :// wiley /go/greenwald/valueinvesting2e From the Back Cover PRAISE FOR VALUE INVESTINGThis book deserves a place on every serious investors shelf.-Financial TimesThe First Edition of Value Investing was instantly recognized as a classic. The value investing style was out of favor in 1999 when that First Edit