CHAPTER 4Value Investing … Or Something Like It

Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

WARREN BUFFETT

Take a minute to research the documentation that is available to explain value investing as a paradigm. Try Google, and read through any of the 16.4 million search results that will be found when you type “value investing.” Or better yet, read an annual report from Warren Buffett or any of the many revisions to Benjamin Graham’s book, The Intelligent Investor, and you will find a comprehensive guideline for the practice of value investing.

The bottom line is that there is a huge amount of information out there regarding value investing as a practice, so much that if you are interested ...

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