Brandes On Value: The Independent Investor Download Free (EPUB, PDF)
Value investing isn't for everyone. Like practically everything in life, however, you can't know for sure until you’ve tried it and seen how, where, and especially when value investing can get results. Anyone can stumble onto bargains. But knowing whether the companies behind the cheapest stocks and bonds are the genuine articles for the long run is part science and part judgment. Brandes on Value is your opportunity to experience both sides of the equation. From the time-tested Graham-and-Dodd fundamentals introduced in the 1930s to the contemporary lessons of Japan's lost decades, the financial crisis of 2008-2009 and the rapid globalization of the investment arena, Brandes on Value is a modern take on a classic approach to a timeless discipline. Through real-world examples and time-tested perspectives on classic Graham-and-Dodd principles, Brandes on Value: The Independent Investor is more than just a "how to" for value investors. It also answers "how come" and "how now" in the modern investment world--one that is too often distracted by short-term thinking and short-lived trends. ON MARKET CYCLES and how boom-and-bust speculation lays the foundation for value investing opportunities that are often hidden in plain sight. ON INVESTOR PSYCHOLOGY and why behavioral biases work against the average investor and in favor of the patient, persistent value strategist. ON PRODUCT TRENDS and the trappings of old ineffective investments constantly repackaged into new ones. ON "MR. MARKET" and proof that value investing pioneer Ben Graham's bipolar parable is more vocal now than ever. ON RISK and its misperceptions that lead to costly long-term setbacks for individual and institutional investors. ON VALUE and why this investment discipline with roots in the 1930s is more relevant and needed than ever before.
Hardcover: 240 pages
Publisher: McGraw-Hill Education; 1 edition (November 28, 2014)
Language: English
ISBN-10: 0071849351
ISBN-13: 978-0071849357
Product Dimensions: 1.2 x 6.5 x 9.5 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review: 4.0 out of 5 stars See all reviews (6 customer reviews)
Best Sellers Rank: #656,858 in Books (See Top 100 in Books) #152 in Books > Business & Money > Investing > Futures #281 in Books > Business & Money > Investing > Analysis & Strategy #753 in Books > Business & Money > Investing > Stocks
Not only is this an excellent book for the value investor, but also a very worthy addition to any Benjamin Graham fan's library and/or value practitioner. Though the value methodology is not rocket science, to articulate what value investing 'is not' is a difficult task any author approaching the subject takes on. With two thumbs up, this author succeeds to cogently define both what value investing is, and what it is not, in language most all should grasp. However, as Warren Buffett has been known to quip -- you get the value process in five minutes, or you do not.The book is divided into four parts:Part I -- The Value ProcessPart II -- The Mechanics (a little technical)Part III -- Hard Knocks (earned experience)Part IV -- Take Home NotesAfter reading Part I (three brief chapters), if you do not get it then put the book down. If the chapters do speak to you, continue reading in this very enjoyable book on value investing. Enjoyable? It is hard to say that such a potentially dry subject as investing could be enjoyable, but it was -- therefore excellent marks to both the author and the editor for this new addition to the value investing library. Also and as investing is not about numbers alone, the topics on our own behavioral biases is worthy of credit.All in, if you are willing to spend the time and do the work, whether reading annuals, 10-Ks, 10-Qs, then reading this book will assist you in becoming a better investor. Other references and fine books in the same genre are as follows:
Brandes on Value: The Independent Investor The Real Goods Independent Builder: Designing & Building a House Your Own Way (Real Goods Independent Living Books) Working With Independent Contractors (Working with Independent Contractors: The Employer's Legal Guide) Film Business Plan and Investor Guide: Independent Filmmakers Manual to Writing a Business Plan and Finding Movie Investors Smart Investor: Warren Buffett Way: How to know the stock market has bottomed? (Market Crash, Intelligent Investor, Stock Market, Financial Freedom, Stock Valuation, Wealth Creation Book 1) Warren Buffett : Best Quotes for investor: Wake up your inner investor soul (best quotes, warren buffett book, warren buffett way, warren buffett biography, warren buffett letters) The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials) Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor The Intelligent Investor: The Classic Best Seller on Value Investing The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom and Enlightenment Warren Buffett: Investing & Life Lessons on How to Get Rich, Become Successful & Dominate Your Personal Finance from the Greatest Value Investor of All The Intelligent Investor: The Definitive Book on Value Investing, by Benjamin Graham and Jason Zweig: Key Takeaways, Analysis & Review Key Takeaways, Analysis & Review: The Intelligent Investor by Benjamin Graham and Jason Z: The Definitive Book on Value Investing The Essential Advisor: Building Value in the Investor-Advisor Relationship The Intelligent Investor CD: The Classic Text on Value Investing Reusing Open Source Code: Value Creation and Value Appropriation Perspectives on Knowledge Reuse (Innovation und Entrepreneurship) The Barbie Doll Years: A Comprehensive Listing & Value Guide of Dolls & Accessories (Barbie Doll Years: Comprehensive Listing & Value Guide of Dolls & Accessories) Coin World 2014 Guide to U.S. Coins: Prices & Value Trends (Coin World Guide to Us Coins, Prices & Value Trends) Ty Plush Animals: Collector's Value Guide: Secondary Market Price Guide and Collector Handbook (Collector's Value Guide Ty Plush Animals) How to get every Earned Value question right on the PMP® Exam: 50+ PMP® Exam Prep Sample Questions and Solutions on Earned Value Management (EVM) (PMP Exam Prep Simplified) (Volume 1)
