Print this page Share

Value Investing: A Balanced Approach

ISBN: 978-0-471-39810-3
288 pages
October 2000
Value Investing: A Balanced Approach  (0471398101) cover image


"Essential reading for anyone in today's turbulent markets." -Jeffrey E. Garten, Dean, Yale School of Management


"An excellent book on investments. But, more importantly, this volume is a primer explaining to Main Street, especially Main Street businesspeople, how Wall Street really operates." -Eugene M. Isenberg, Chairman of the Board, Nabors Industries, Inc.

"A must read for all thoughtful investors interested in a rational, disciplined, risk-averse template for successful long-term compounding." -O. Mason Hawkins, CFA, Chairman and CEO, Southeastern Asset Management, Inc. and The Longleaf Partners Funds

"This author knows whereof he speaks. His many years of extremely successful experience as a professional manager of investments, his academic training, and his period of teaching at a major university all make their mark on this illuminating volume. It reveals how a bright, analytically minded person with extensive practical experience studies and evaluates investments." -William J. Baumol, Professor and Director, C.V. Starr Center, NYU Professor Emeritus, Princeton University

"This book by an experienced and practicing master, Martin Whitman, is a treasure and a reference book on how to think and feel like an owner of a business without the headache of running it day to day." -Papkens Der Torossian, Chairman and CEO, Silicon Valley Group, Inc.

"Marty Whitman is renowned for his uncanny instincts and insights in picking bargains in stocks and bonds. His book is a real bargain. To benefit from decades of Marty's experience is invaluable and to have such a commonsense and realistic approach is an extra dividend." -Milton Cooper, Chairman, Kimco Realty Corporation

Please visit our Web site at www.wileyfinance.com
See More

Table of Contents


What is Value Investing?

Academic Finance: Efficient Market Hypothesis and Efficient Portfolio Theory.

Graham and Dodd Fundamentalism.

Broker-Dealer Research Departments and Conventional Money Managers.


Corporate Valuation.

The Substantive Characteristics of Securties.

Capital Structure.

Promoters' and Professionals' Compensations.

Uses and Limitations of Financial Accounting.

Uses and Limitations of Narrative Disclosures.

Semantics Counts.


A Simplified Example.

Acquiring Securities in Bulk.

Restructuring Troubled Companies.

Other Resource Conversion Topics.

Epilogue: The Values of Value Investing.

See More

Author Information

MARTIN J. WHITMAN, CFA, is Chairman, CEO, and portfolio manager of the successful Third Avenue Value Fund and the Third Avenue Small Cap Value Fund. A leader in value investing, he is a Management Fellow at the Yale University School of Management.
See More


"The book has a lot and I recommend it. It is remarkably well written for a book on finance and, perhaps most importantly, easily comprehensible."(Investment Adviser, 22 January 2001)
See More

Buy Both and Save 25%!


Value Investing: A Balanced Approach (US $34.95)

-and- Financial Statement Analysis Workbook: A Practitioner's Guide, 4th Edition (US $29.95)

Total List Price: US $64.90
Discounted Price: US $48.67 (Save: US $16.23)

Buy Both
Cannot be combined with any other offers. Learn more.

Related Titles

Learn more about

Back to Top