The Art of Value Investing

Essential Strategies for Market-Beating Returns

By: John Heins, Whitney Tilson

Narrated by: Walter Dixon

Length: 9 hrs and 5 mins

Publisher's summary

You know what value investing is: it's how Warren Buffett made his billions. Perhaps you're even familiar with value investing terminology, such as margin of safety and intrinsic value. And maybe you've already found success with value investing and know from experience that it's the most reliable way to achieve market-beating returns and accumulate significant wealth. Congratulations!

Whether you're a complete beginner in need of an A-to-Z value investing primer, an experienced investor looking to expand and fine-tune your repertoire of value investing skills, or an individual or institutional investor looking to identify the best money managers, this audiobook is for you. Authors John Heins and Whitney Tilson have brought together the collective wisdom of today's most successful value investors and distilled it into a series of actionable lessons you can put into practice right away.

Based on extensive interviews with market-beating money managers, superstar hedge fund managers and mutual fund heroes, and featuring many real-world examples, The Art of Value Investing expertly describes:

• The philosophies behind today's most successful value investing strategies
• The key skills top market-beaters think of as absolutely indispensable to success
• The types of situations and market inefficiencies value investor legends look to exploit
• How top value investors generate new investing ideas
• How to research companies, with insights on company valuation and deciding what and when to buy
• How the best value investors maintain mental and emotional discipline
• How value investing superstars learn from their mistakes and the key lessons they've learned
• Portfolio management techniques, including guidance on diversification, risk management, position-sizing, and more

But The Art of Value Investing does much more than impart information. It was designed to help you develop an approach to value investing that's just right for you. Giving you unparalleled access to the thinking of the brightest and best of the value investing world, The Art of Value Investing can save you years of frustrating (and expensive) trial-and-error. With the helping hand of value investing luminaries such as Julian Robertson, Seth Klarman, David Einhorn, Joel Greenblatt, Mason Hawkins, Jean-Marie Eveillard, Bill Ackman and Bill Nygren, to name a few, you'll discover your preferred strategies for exploiting market inefficiencies, researching and valuing companies, identifying industry sectors and geographic regions in which to invest, timing buys and sells, managing your emotions, and much more.

©2013 John Heins, Whitney Tilson (P)2014 Gildan Media LLC

Critic reviews

"John Heins and Whitney Tilson, co-founders of the Value Investor Insight newsletter, have done a thorough job of explaining how to look for stocks that are trading at significant discounts to what they are worth - the concept known as the value style of investing.… the authors present a clear framework for ferreting out undervalued companies." ( The New York Times)

The book of Quotes

the book is gathered quotes from value investors. Not recommended to buy it vut good to lessen.

Great book with different opinions

the book presents different views from different investors, even contradictory ones, which emphasizes the point that you have to decide what style fits you best, and be consistent with that approach.

Reader, reads too fast.

Would you recommend this audiobook to a friend? If so, why?

Yes. Great tid-bits and take aways, insights thoughts on how advance investors think.

Who would you have cast as narrator instead of Walter Dixon?

I thought it was read too fast for me. And the android Audible app has no .75x speed. A little strange considering there is a .5x, 1x, 1.25x, 1.5x, 1.75x, 2x, and yes a 3x speed.(Chipmunk speed lol!).

Would have been better if

Would have been better, more enjoyable, if a train of thought was followed through. As it is the book is boring and difficult to listen to, in spite of excellent narration.

I would not recommend this as a book to listen to.

Collection of quotations with no narrative

This could be a nice hard cover book to own. You could flip through the pages for quotes from investors you are familiar with, and mull over the different perspectives.
But a collection of quotations with no narrative to pull them together makes for a strange audio book. I would advise that this book be enjoyed in a different format.

great for quotes not great for audiobook

like the authors a lot but book is too much quotes not enough insight or analysis. fine but not great

Just a collection of 2-3 line quotes

When I read the other reviews mentioning that it's a collection of quotes from other investors, I didn't realize that is all it has. I thought it'd have some other content too. But it truly is just a collection of 2 to 3 line quotes from other investors/fund managers.