Concise Guide to Value Investing - How to Buy Wonderful Companies at a Fair Price (Paperback)

No-one likes to pay too much for something. We all like to thing that what we buy is ' good value'. It's not different when we purchase a share in company listed on the stock market.

In the "Concise Guide to Value Investing," Brian McNiven reveals how to calculate the true value of a company to find out whether you are paying a fair price. This fascinating book explores: value investing versus speculationthe difference between price and valuevariable values of a dollar of earningsaccounting misrepresentationthe characteristics of a wonderful businessthe StockVal(R) valuation formula.

Two of the world's most successful investors, Warren Buffett and Charlie Munger, are self-confessed value investors. McNiven often draws on their wisdom to support his approach to value investing, which he defines as buying a share at a price lower than its calculated value. Only investors who have the ability to calculate value can call themselves 'value investors'.

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