Following on the heels of the national bestselling The Little Book that Beats the Market, which has sold over 275,000 copies since its November 2005 publication, The Little Book of Value Investing offers investors (professional and amateur alike) the necessary tools to follow a value-investment model that consistently beats the market. Written in an easy-to-understand tone by Christopher H. Browne, the managing director of Tweedy, Browne Company, one of the most highly-regarded investment firms in the country, The Little Book of Value Investing is sure to be the next big thing in investing.
This audiobook discusses the most important methods, ideas, and approaches in value investing including chapters on where to find value, buying stocks when they are on sale, long-term investing, when to hold and when to let go, and how to be a knowledgeable investor.
Praise for Tweedy, Browne and Chris Browne:
"More interested in producing strong returns without big risk rather than following what's trendy...the long-term record is stunning."--Morningstar
"One of the country's most successful money managers."--Fortune magazine
Christopher H. Browne is a managing director of Tweedy, Browne Company, LLC and is a member of the firm's management committee. He is also President of Tweedy, Browne Funds, a mutual fund group. A graduate and trustee of the University of Pennsylvania, Mr. Browne is the founder of the school's Browne Center for International Politics.
This primer says that instead of buying stocks for the short-term, when prices have been run up for capricious reasons by the herd, invest for value by buying solid companies that are cheap relative to their book value, earnings, business performance, and other rational factors. The author comes from a lineage of money managers that includes Warren Buffett's partners and teachers, so he has no trouble arguing that people who select stocks in this way can do better than they would investing in an index fund. His examples and illustrations provide a sparkling flow of insights and principles. John Bedford Lloyd's delivery makes even the technical information sound exciting, grounded in real life, and easy to incorporate into a buy-and-hold investing philosophy. T.W. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine