... the benefits of value investing
and draws on my more than 30 years in the investment industry.
Beyond mere facts and figures, this edition of Value Investing Today
explores why the value approach ... sold.
CHAPTER
1
W
HAT
I
S
“V
ALUE
I
NVESTING
”?
5
Intrinsic Value
Discount to
Intrinsic Value
Time
EXHIBIT 1-1 The Margin of Safety Concept
Brandes_Ch01_141738-9 8/14/03 2:36 PM P...
... SENSE
Brandes_Ch02_141738-9 8/14/03 2:36 PM Page 28
VALUE
INVESTING
TODAY
FM_Brandes_141738-9 8/14/03 2:51 PM Page i
32
WHAT IS VALUE INVESTING AND WHY IT MAKES DOLLARS AND SENSE
investing is not a get-rich-quick ... the benefits of value investing
and draws on my more than 30 years in the investment industry.
Beyond mere facts and figures, this edition of Value Investing...
... What Is Value Investing and Why It Makes Dollars
and Sense 1
1 What Is Value Investing ? 3
2 Behavioral Biases: Why Value Investing Works 17
3 The Value Pedigree and the Rewards of Value Investing ... once
8
WHAT IS VALUE INVESTING AND WHY IT MAKES DOLLARS AND SENSE
Brandes_Ch01_141738-9 8/14/03 2:36 PM Page 8
VALUE
INVESTING
TODAY
FM_Brandes_141738-9 8/14/03 2:51 P...
... What Is Value Investing and
Why It Makes Dollars and Sense 1
1 What Is Value Investing ? 3
2 Behavioral Biases: Why Value Investing
Works 17
3 The Value Pedigree and the Rewards of
Value Investing ... (many of which were not solid
or established and offered unproven
INVESTING TODAY
This page intentionally left blank.
INVESTING TODAY
Charles H. Brandes
Third Edition
McG...