Books & Resources
We would like to share with you the books and other resources we have enjoyed and think are interesting for anybody trying to learn more about Value in general.
Fooling Some of the People All of the Time
An amazing fight against the “system” by David Einhorn, sometimes it takes huge efforts knowing one is right, very interesting to read. Big lessons and amusing at the same time.
A good book on how “outsider” CEO´s have had an impressive impact on shareholder returns, definitively a must. Using Warren Buffett´s analogy: “the jockey riding the horse can be quite relevant”.
The Intelligent Investor
With Benjamin Graham Value Investing as a concept started, a classic which every investor should have read.
The concept of quality is familiar. People make judgments about it every day. Yet articulating a clear definition of quality is challenging.
There's Always Something to Do
In the context of recent financial upheavals and ongoing uncertainty, Peter Cundill’s wise and frequently funny reflections are more important than ever. Christopher Risso-Gill outlines Cundill’s investment approach and provides accounts of his investments and the analytical process that led to their selection.
The Most Important Thing Illuminated
Howard Marks’s The Most Important Thing distilled the investing insight of his celebrated client memos into a single volume and, for the first time, made his time-tested philosophy available to general readers.
Common Stocks and Uncommon Profits
With this lecture Buffett complemented Benjamin Graham teachings and developed his own Value Investing technique.
The Little Book of Behavioral Investing
Investing is not only about pure valuation, but also about being smartly contrarian.
The Dhandho Investor
A quite interesting (value) view about Risk & Reward by Mohnish Pabrai. Another must.
Margin of Safety
A very tough to find book as it was only printed once, Seth´s pure essence.
Contrarian Investment Strategies
A more “quantitative” style of value investing, always interesting too.
The capital cycle is key for outstanding long term investment returns.
Phil Knight, director general de Nike, nos cuenta por primera vez la auténtica historia detrás de la empresa que fundó en 1962, que hoy en día factura más de 30.000 millones de dólares al año, y cuyo logo ha llegado a ser un símbolo global, el icono más ubicuo y reconocido en todo el mundo.
Why Nations Fail
Easy to read and quite interesting to see how we might help the world to become more prosperous (thanks to Felipe Ruiz for the tip).
How to nurture and keep a vital and creative work environment (thanks to Dan Abrahams for the present)
Amusing Ourselves to Death
Very up to date mid 80s assessment of the reasons why people are more and more a crowd… (thanks to Milo Jones for the tip).
A “different” book (thanks to Guy Spier for the book).
The Art of War
An all time classic, timeless philosphy which can also be applied to most aspects in life (including investing, especially being an Activist).
From the “guru to Wall Street’s gurus” comes the fundamental techniques of value investing and their applications Bruce Greenwald is one of the leading authorities on value investing.
Applied Value Investing
Applied Value Investing takes the same time-provenapproach Graham introduced withDavid Dodd in their 1934 masterpiece,Security Analysis, and extends it in a variety ofunique and practical ways―including mergersand acquisitions, alternative investments,and financial strategy.