Value Investing: A Balanced Approach (Frontiers in Finance Series)

Value Investing: A Balanced Approach (Frontiers in Finance Series) by Whitman, Martin J.. hardcover edition. ISBN: 9780471162926.

Provides a modern analytical framework for assessing a companys true value Written by a true value investor known for his ability to buy undervalued companies and re-sell them at a substantial profit, Value Investing provides an analytical framework that evaluates the impact of real events-including restructuring, regulations, mergers and acquisitions, and other important factors-on a companys value. Well-known for his success with distressed corporations and value investing, author Martin Whitman wages a controversial attack on the modern financial practice of focusing on price movements and short-term trading. In Value Investing, Whitman identifies fundamental factors affecting the value of companies and entire markets from the ground up and takes value investing one step further by demonstrating how industry movement and public policy decisions can lead to greater returns. He also highlights the shortcomings of all the popularly applied analytical techniques.