'Getting Started In Value Investing' is a book written by Charles S.Mizrahi in 2007. This is a very simple but highly informative book on Value Investing.
Charles S. Mizrahi is Managing Partner of CGM Partners LP. He is also Editor of Hidden Values Alert, a monthly newsletter focused on value investing. Mizrahi has more than twenty years of investment experience and is frequently quoted in the press. Many of his articles appear online at www.gurufocus.com as well as on other financial sites.
While there are many ways to make money in today's markets, only one strategy has consistently proven itself over time - value investing.
Now, with Getting Started in Value Investing, author and veteran money manager Charles Mizrahi breaks down this successful strategy so that you can learn how to effectively incorporate it into your own investment activities.
Written in a straightforward and accessible style, Getting Started in Value Investing offers you clear insights on this profitable approach. Step by step, it will:
Investing isn't hard, but it does take some work. With Getting Started in Value Investing as your guide, you'll quickly discover how to cut through the noise surrounding today's markets and enhance the overall performance of your portfolio.
Lets suppose you are getting half gallon of milk for $1.49 from a vendor next to your door.
If the same milk is available for $4.99 at a super market, will you buy it?
Of course, the answer is a big NO.
If it is available for $0.79, will you buy it?
If it is so probably you will buy three.
It is as simple as this: Make a purchase only when you get more value for your money, or keep walking.
Wall street has a way of making something simple seem extremely complex. Like the Wizard of Oz, Wall Street has done a terrific job complicating, confusing, and intimidating, so that people with average intelligence feel rather stupid. Many times Wall Street does one thing and tells investors to do the exact opposite especially when it comes to investing their nest eggs in mutual funds. A mutual fund's marketing department preaches buying shares and holding them for decades, yet the portfolio managers of those very same funds hold them in the portfolio only an average of nine months.
Getting Started in Value Investing cuts through all the obstacles that have been placed in your path for making sound investment decisions. After reading this book, you will have firm grasp on how to make an informed decision on what types of stocks to buy, and, more importantly, what to avoid. You will also have a solid foundation with an approach that has worked on Wall Street for the past 70 years. How well you do will depend on how successful you are at keeping your emotions in check and avoiding latest fads on Wall Street.
The book has the following chapters:
Recomended Reading and Resources
Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with managers of the highest integrity and ability. Then you own those shares for ever.