Strategic Value Investing Authored By ValueWalk Contributor, Dr. Robert Johnson, Lands On Coveted Buffett List
BRYN MAWR, Pa., April 14, 2016 /PRNewswire-USNewswire/ — A book co-authored by Dr. Robert Johnson, President and CEO of The American College of Financial Services, is on a list of specially chosen books to be sold at Warren Buffett’s Berkshire Hathaway Annual Shareholders Meeting later this month.
The book, “Strategic Value Investing: Practical Techniques of Leading Value Investors,” is one of about three dozen books – mostly about Buffett or investing – to make the exclusive list. But unlike most that made the final cut, Dr. Johnson’s book was apparently handpicked by the iconic billionaire investor himself.
“I am truly humbled and honored to have the book selected for inclusion on the Berkshire Hathaway Annual Selections List,” said Dr. Johnson, who co-wrote the book with Stephen Horan and Thomas Robinson. “There is no person in the business world that I respect and admire more than Mr. Buffett.”
Dubbed the “Woodstock for Capitalists,” the meeting is scheduled for April 30 in Buffett’s hometown of Omaha, Neb. Approximately 40,000 shareholders from around the world are expected to be on hand to hear Buffett and his business partner, Charlie Munger, offer their insights on the company and investing.
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The process of selecting the books that will be on display in front of such a large and sophisticated financial audience starts every year with the staff at an Omaha bookstore called The Bookworm. The staff compiles a list that includes books that have sold well at previous meetings, plus any relevant new books that they recommend. Buffett then approves the list and sometimes, if so inspired, adds his own selections.
Beth Black, who co-owns The Bookworm with her husband, Phil, says Dr. Johnson’s book, published in 2013, was one of those rare, late entries submitted personally by Buffett.
“Mr. Buffett emailed my husband Phil and said he wanted it included on the list,” she said. “Sometimes he’ll do that when a particular book is what he considers important. That comes directly from Mr. Buffett.”
Dr. Johnson, who was an undergraduate student at the University of Nebraska-Omaha and a student and professor at Creighton University – also located in Omaha – will be back in familiar territory during the event to sign copies of his book that details how to build a world-class portfolio using value investing.
“It is always great to make the pilgrimage back to my hometown of Omaha for the Berkshire Hathaway Annual Meeting,” he said. “Knowing that some Berkshire Hathaway shareholders — perhaps the most knowledgeable shareholder base in the country — will read the book is a dream come true. It outlines various measures of value and provides a guide for helping investors develop their own unique style.”
Dr. Johnson has written or co-written other books, including “Invest With the Fed,” “The Tools and Techniques of Investment Planning,” and “Investment Banking for Dummies.”
Strategic Value Investing – Description
Strategic Value Investing: Practical Techniques of Leading Value Investors by Robert R. Johnson, Stephen Horan, Thomas Robinson
Benjamin Graham referred to it as his “margin of safety.” Seth Klarman favors it over all other investment methods. Warren Buffett uses it to make millions for his investors.
It’s called value investing, and you can make it work wonders for your portfolio. All you need is money to invest, a little patience?and this book.
Strategic Value Investing reveals everything you need to know to build a world-class portfolio using value investing as your north star. Written by experts on valuation and financial analysis, this comprehensive guide breaks it all down into an easy-to-implement process.
The authors explain the ins and outs of determining when a stock is undervalued, then purchasing it and selling it for a profit when the rest of the world learns what you knew all along.
With Strategic Value Investing, you’ll learn how to:
- Distinguish between the various measures of value, including going concern, replacement value, fair market value, book value, and intrinsic value
- Identify undervalued companies before everyone else, and know what to look for, what to avoid, when to buy, and when to sell
The authors teach you how to establish a dispassionate value investing philosophy tailored to your needs.
Equally important, they provide the tools you need to adhere to this often contrarian approach regardless of your emotions or crowd sentiment. Get in before the crowd?and get out when the price is right with Strategic Value Investing.
Strategic Value Investing – Review
Strategic Value Investing: Practical Techniques of Leading Value Investors by Robert R. Johnson, Stephen Horan, Thomas Robinson
Praise for Strategic Value Investing
“A book that has much the same character as a good value investor: calm, disciplined, with a grasp both of broad theory and of how to apply it.” –JOHN AUTHERS, senior investment columnist, Financial Times
“This comprehensive look at valuation techniques is not only insightful, but can be easily put to use by individual and professional investors alike.” — CHARLES ROTBLUT, CFA, Vice President, the American Association of Individual Investors
“Offers a sound fundamental perspective for those looking to deepen their analysis around stocks. A great resource for all types of value investors.” — HEATHER BRILLIANT, CFA, global head of equity research at Morningstar and member of the CFA Institute Board of Governors
“This book is of Real Value! It updates the pioneering work of Ben Graham and Phillip Fisher, blending the valuation techniques of the masters (such as Warren Buffett) and provides institutional and individual investors the A to Z of value investing from a practitioner perspective.” — JOHN MAGINN, CFA, EVP & CIO, Mutual of Omaha (retired) and coeditor of Managing Investment Portfolios
“An actionable road map for implementing a disciplined value investing strategy. Very much in the Ben Graham style. The sophisticated individual investor will find this comprehensive digest a continual and timeless reference.” — WALLACE FORBES, CFA, President of Forbes Investors Advisory Institute, Division of Forbes magazine
“Many books propose to help you learn how to become a better value investor. This one, which is bound to become a staple of every value investor’s library, delivers on its promise.” — ROBERT POWELL, editor of Retirement Weekly and columnist of “MarketWatch”
About The American College of Financial Services
The American College of Financial Services is the nation’s largest non-profit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others since 1927. The American College faculty represents some of the financial services profession’s foremost thought leaders. For more information, visit TheAmericanCollege.edu.
