Greenwald looks at the discipline with the critical eye of a professor making it more informative than many other books about the subject

Greenwald looks at the discipline with the critical eye of a professor making it more informative than many other books about the subject  Read Less

I still want to apply everything ive read here to a dozen companies and see how well the analysis works in the real world but t...  Read More

I still want to apply everything ive read here to a dozen companies and see how well the analysis works in the real world but the theoretical framework appears to offer a very easy way to determine who really has a franchise and then place a fair value on that advantage and establish a fair price for the stock  Read Less

So i would only recommend this book to someone already familiar with the topic of value investing and how it is practiced

So i would only recommend this book to someone already familiar with the topic of value investing and how it is practiced  Read Less

The first half briefly describes how to value assets and earning power of a company and while there are some quite instructive ...  Read More

The first half briefly describes how to value assets and earning power of a company and while there are some quite instructive points here as well i do have some problems with the writing style which often takes the form of rants and assumes alot from the reader  Read Less

Usually reproduction cost is equivalent to earnings power value

Usually reproduction cost is equivalent to earnings power value  Read Less

You can buy ugly situations that are misunderstood and wait for management to turn the ship around

You can buy ugly situations that are misunderstood and wait for management to turn the ship around  Read Less

As a student in economics and finance i have found more common sense realistic analysis in this book than in all my finance cou...  Read More

As a student in economics and finance i have found more common sense realistic analysis in this book than in all my finance courses where we assumed that a 10year projection of earnings was somehow reasonable  Read Less

Definitely a must read for those that want to grow in the market

Definitely a must read for those that want to grow in the market  Read Less

But as competition improved grahams rules for valuation of stocks needed updating as well

But as competition improved grahams rules for valuation of stocks needed updating as well  Read Less

Most companies dont have a sustainable competitive advantage and should be valued to reproduction cost

Most companies dont have a sustainable competitive advantage and should be valued to reproduction cost  Read Less