"A must-read for all disciples of value investing. In 1934, Graham and Dodd created fundamental security analysis. Greenwald reinforces the worth of this approach, incorporates new advances, and takes their work into the twenty-first century."
Mario J. Gabelli, Chairman, Gabelli Asset Management, Inc.
"The new title most deserving of your time is Value Investing . . . . Its authors aim to place their work next to Benjamin Grahams 1950 classic, The Intelligent Investor. My 1986 edition came with Warren Buffetts endorsementby far the best book on investing ever written. Value Investing is better."
Robert Barker, BusinessWeek
"Greenwald is an economist (PhD from MIT) who caught the value bug. He has updated and expanded Grahams ideas, and his summer seminars ($2,900 for two days) have become popular with everyone from well-known money managers to Columbia MBAs who couldnt get into Greenwalds class. But now there is a cheaper way . . . Greenwald probably wont outsell Graham, but I think he ought to."
Paul Sturm, SmartMoney magazine
"Greenwalds book is a lively defense of, and handbook for, value investing, complete with glimpses of how its practiced by pros like Warren Buffett and Mario Gabelli."
George Mannes, TheStreet.com
"Essential reading for anyone looking for a fresh perspective on analyzing companies and selecting investments."
Pat Dorsey, Morningstar.com
JUDD KAHN has taught history, served in city government, and worked as a securities analyst, a CFO, and a management consultant. He has a PhD in history from the University of California, Berkeley.
PAUL D. SONKIN is the investment manager of the Hummingbird Value Fund. He has worked at the SEC, Goldman Sachs, Royce Funds, and First Manhattan Company. He holds an MBA from Columbia.
MICHAEL van BIEMA is a member of the finance faculty of Columbia Business School. Prior to joining the faculty of Columbia, he was a principal at the RONIN Corporation, a management consulting firm, and the cofounder of several technology companies. He has a PhD from Columbia in computer science.
The writing is interesting, concise, well organized, and clear.
Calandro uses the valuation techniques learned in Value Investing on specific company cases and his book should be used as a workbook to Value Investing.
The authors will walk you thru all the needed adjustments to calculate the different parts of a company's intrinsic value.