The Manual of Ideas: The Proven Framework for Finding the Best Value Investments

Contents

Foreword

Preface

CHAPTER 1 A Highly Personal Endeavor: What Do You Want to Own?

Give Your Money to Warren Buffett, or Invest It Yourself?

Cast Yourself in the Role of Capital Allocator

Owner Mentality

Stock Selection Framework

Key Takeaways

Notes

CHAPTER 2 Deep Value: Ben Graham–Style Bargains: Inelegant but Profitable Strategy of Cigar Butt Investing

The Approach: Why It Works

Uses and Misuses of Ben Graham–Style Investing

Screening for Graham-Style Bargains

Beyond Screening: Working through a List of Deep Value Candidates

Asking the Right Questions of Graham-Style Bargains

Key Takeaways

Notes

CHAPTER 3 Sum-of-the-Parts Value: Investing in Companies with Excess or Hidden Assets

The Approach: Why It Works

Uses and Misuses of Investing in Companies with Overlooked Assets

Screening for Companies with Multiple Assets

Beyond Screening: Proven Ways of Finding Hidden Assets

Asking the Right Questions of Companies with Hidden Assets

Key Takeaways

Notes

CHAPTER 4 Greenblatt's Magic Search for Good and Cheap Stocks

The Approach: Why It Works

Uses and Misuses of Investing in Good and Cheap Companies

Screening for Good and Cheap Companies

Beyond Screening: Hope for Improvement Springs Eternal

Asking the Right Questions of Greenblatt-Style Bargains

Key Takeaways

Notes

CHAPTER 5 Jockey Stocks: Making Money alongside Great Managers

The Approach: Why It Works

Uses and Misuses of Investing in Jockeys

Screening for Jockey Stocks

Beyond Screening: Building a Rolodex of Great Managers