O'Reilly logo

Brandes on Value: The Independent Investor by Charles Brandes

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 2

FUNDAMENTALS: WHAT IS VALUE INVESTING?

The value investing philosophy eschews short-term considerations and gets you thinking most about fundamentals, as if you actually owned the business itself, not just its stock.

—Charles Brandes, in an interview with Bloomberg Radio, October 2013

Have you ever walked out of a cinema or a theater wondering whether what you just watched was worth the cost of your ticket? The answer basically depends on whether you enjoyed the experience, which can involve more than just the feature you watched; it includes such things as the seating environment, whether you could find easy parking, and the like. In other words, what sort of value did you get for your money?

To avoid oversimplifying, I’ll quickly ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required