This short book is surely among the most concise, informative investment guides ever written. Christopher H. Browne manages to make stock market investing as simple and straightforward as shopping for groceries. He sketches quickly, but in adequate detail, the main principles of value investing, offers guidance on how to use such basic information as P/E ratios, points the way to free online stock-screening services and, yet, makes no big promises about market success. His message is that value investors who do their homework patiently and thoroughly may expect good returns eventually. Instead of aggressive trading, he emphasizes the virtue of not taking action. getAbstract recommends this succinct tutorial to every investor.
In this summary, you will learn
- How to make sound investments using the value approach;
- Why this method earns money; and
- How to put it to work for you.
About the Author
Christopher H. Browne is a managing director of an investments firm and a member of its management committee. He established the Browne Center for International Politics and the Browne Distinguished Professorships at the University of Pennsylvania.