Invest Like A Stock Market Guru: The Complete Value Investing Guide That Works! leads you to the right path in investing, that is to treat investing a stock akin to investing in a business. Successful value investor KC Chong (Master of Finance) provides comprehensive step-by-step guidance to successful investing with supporting real world examples.
Good comprehensive book for value investing. Concepts are quite easy to understand with detailed explanations and examples. Highly recommended for beginners wanting to learn value investing concepts in a more structured manner, especially useful for Malaysian context.
Fits very well for the beginner investors, the book contains a lot of the information you need to understand what value investing is about. Makes a very good textbook on the topic.
Unfortunately the book is written in a way that is too similar to many other investment books out there. E.g. what is the stock market, bonds, equity, etc.
The concepts are clearly presented but one might be hard pressed to execute them in practice, e.g. doing up the various valuation models, calculating the margin of safety.
Still a good read for anyone interested in the topic.