Description
Book SynopsisThere are many ways to make money in today's market, but the one strategy that has truly proven itself over the years is value investing. Now, with The Little Book of Value Investing, Christopher Browne shows you how to use this wealth-building strategy to successfully buy bargain stocks around the world.
Trade Review"Fools would be well-served to place
The Little Book of Value Investing on their holiday shopping lists". (
Fool.com, December 12, 2006)
"sharply written...gets you fired up about buying stocks" (USA Today, December 4, 2006)
"If you are a value investor by temperament, you will (or should) find a lot that is persuasive in what Christopher Browne has to say about the craft of value investing in a delightful new book out this autumn...It is nicely written and utterly persuasive if long-term investment success is what you are after and your temperament is equipped to handle the psychological pressures of making non-consensus investments." (The Independent, November 2006)
"elegant new treatise on the art of value investing. . ." (Financial Times (UK), October 30, 2006)
"...easily digestible and shortish treatise for anyone who wants to try out this particular investment strategy". (The Wall Street Journal, October 10, 2006)
"After 37 years of practicing what Graham preached, Browne has distilled the creed into a disarmingly chatty primer. . ." (Bloomberg)
"one of the best guidebooks toward protecting and growing a retirement nest egg. This advice comes from a legend of value investing, and it’s presented with enough clarity that anyone can follow it." (Forbes.com)
Table of ContentsForeword xi
Acknowledgments xix
Introduction xxiii
Chapter One Buy Stocks like Steaks . . . On Sale 1
Chapter Two What’s It Worth? 10
Chapter Three Belts and Suspenders for Stocks 18
Chapter Four Buy Earnings on the Cheap 26
Chapter Five Buy a Buck for 66 Cents 35
Chapter Six Around the World with 80 Stocks 41
Chapter Seven You Don’t Need to Go Trekking with Dr. Livingston 49
Chapter Eight Watch the Guys in the Know 58
Chapter Nine Things That Go Bump in the Market 63
Chapter Ten Seek and You Shall Find 70
Chapter Eleven Sifting Out the Fool’s Gold 78
Chapter Twelve Give the Company a Physical 87
Chapter Thirteen Physical Exam, Part II 94
Chapter Fourteen Send Your Stocks to the Mayo Clinic 102
Chapter Fifteen We Are Not in Kansas Anymore! (When in Rome . . .) 114
Chapter Sixteen Trimming the Hedges 119
Chapter Seventeen It’s a Marathon, Not a Sprint 123
Chapter Eighteen Buy and Hold? Really? 130
Chapter Nineteen When Only a Specialist Will Do 139
Chapter Twenty You Can Lead a Horse to Water, But . . . 145
Chapter Twenty-One Stick to Your Guns 156
Don’t Take My Word for It 165
Bibliography 177
