The Little Book of Value Investing

Browne’s experience as managing director of investment firm Tweedy, Browne provides examples to support his lessons on value investing, a method of buying stocks that have fallen in price to earn the best return over the long term. Browne uses examples from successful investors (such as Benjamin Graham, Walter Schloss and Warren Buffet) to illustrate that value investing is the best way to make the most of one’s investments. The zingy chapters titles (‘Buy Stocks like Steaks…On Sale,’ ‘Around the World with 80 Stocks’ and ‘Sifting out the Fool’s Gold’) are demonstrative of his penchant for metaphors, parables and anecdotes, which make this book as entertaining as it is informative. Browne’s short chapters detail useful and time-tested concepts, including the significance of book value, which foreign economies are worth investing in, and who to watch for investment ideas. With detailed advice and thorough explanations, this book should prove an asset to both professional and amateur investors.
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‘Fools would be well-served to place The Little Book of Value Investing on their holiday shopping lists’. (Fool.com, December 12, 2006)

‘sharply written…gets you fired up about buying stocks’ (USA Today, December 4, 2006)

‘If you are a value investor by temperament, you will (or should) find a lot that is persuasive in what Christopher Browne has to say about the craft of value investing in a delightful new book out this autumn…It is nicely written and utterly persuasive if long-term investment success is what you are after and your temperament is equipped to handle the psychological pressures of making non-consensus investments.’ (The Independent, November 2006)

‘elegant new treatise on the art of value investing. . .’ (Financial Times (UK), October 30, 2006)

‘…easily digestible and shortish treatise for anyone who wants to try out this particular investment strategy’.  (The Wall Street Journal, October 10, 2006)

‘After 37 years of practicing what Graham preached, Browne has distilled the creed into a disarmingly chatty primer. . .’ (Bloomberg)

‘one of the best guidebooks toward protecting and growing a retirement nest egg. This advice comes from a legend of value investing, and it’s presented with enough clarity that anyone can follow it.’ (Forbes.com)