The Triumph of Value Investing: Smart Money Tactics for the Postrecession Era

by Janet Lowe

Timely advice from value-investing giants such as Warren Buffett, William O'Neil, Charles Brandes, and David Iben.

After the financial chaos and panic of the last few years, investors are looking to rebuild confidence and learn from the mistakes that led to the crash. In The Triumph of Value Investing , Janet Lowe urges readers to return to the basic principles of value investing as taught by the legendary Benjamin Graham, which remain just as relevant today. These lessons can help readers maneuver sanely through any type of economic turmoil and even benefit from further disruptions.

Lowe also includes interviews with leading value investors such as Warren Buffett, William O'Neil, and Charles Brandes, and analyzes dozens of U.S. and foreign stocks. She walks investors through the steps necessary to apply the principles that define value investing, with special emphasis on investing in biotech, high-technology, and foreign companies.

Whether readers are familiar with value investing or are just discovering it, they will find plenty of fresh information in The Triumph of Value Investing , which covers the latest concepts and players in the market.

As Lowe writes, "It is always healthy to check up on the validity of your own thinking. Considering the market breakdowns of the past decade and the confusion and discouragement many individual investors have suffered, this is an excellent time to restudy Benjamin Graham's concepts of value investing and learn how to apply them to a whole range of new challenges."

Genres: Business, Economics, Audiobook

240 pages, Hardcover

First published December 30, 2010

About the author

Janet Celesta Lowe was an American journalist, newspaper editor, and writer.

Reviews

[Paul · Rating 3 out of 5]

There is nothing bad about the book, however it presents very little new information. The intelligent investor by Ben graham is more complete I would recommend that instead. I did pick up a few tidbits or maybe they were things that I just forgot

1 Warren buffet stated “ An education in investing requires 2. Ourselves:how to value a business; how to think about markets
2. Using grahams 10 points
An income portfolio: insist on rule 3 pay special attention to rules 1 to 7
High growth portfolio
Ignore rule 3
Give light weight to rules 4;5;5
Place heavy emphasis on rules 9 and Qomolangma

David iben states whenever one industry becomes 30% of an index it means that it is popular. When everyone is in one area it is good to be somewhere else(p185)

[Anders Hansen · Rating 3 out of 5]

You don't read this book for its drama or entertainment value. Read it if you want to learn about the history of value investing and get some ground rules for what it is about. The history and background takes up about the first half of the book.

[Arun Narayanaswamy · Rating 4 out of 5]

Though the book is about value investing- this book is a great guide for any kind of investing in equities/mf markets.
This goes into perfect level of depth and details and is a must read for any investor.

[Todd McQueen · Rating 2 out of 5]

OK for a beginner, mostly entry level stuff and not that well written.

[Jon · Rating 2 out of 5]

Not one of Lowe's best books. It is a bit of a mess.

While it promises to show the "triumph of value investing" it shows alot more than that giving it a messy feel and mystery why this is a book pertaining to value investing. To be sure Lowe does mention techniques and philosophies employed in value investing but never really takes a stand. An example is her many references to John Bogle and his index fund. Indexing is diametrically opposite value investing, both in philosophical framework as well as execution, but that never really shines through.

While Lowe describes many ingredients of value investing, including specific techniques of looking at stocks it adds nothing new, not very interesting to the body of knowledge on value investing. The subtitle "Smart Money Tactics for the Postrecession Era" seems to be a marketing trick to sell this somewhat boring book. Lowe simply beats around the bush way too much in this one.

[Jay · Rating 3 out of 5]

Just finished re-reading "The Triumph of Value Investing". This is an introduction to some ideas and strategies of value investors, including and especially everyone's favorite Warren Buffett. I think every investor should familiarize themselves with the strategies presented in this book. This is not a dogmatic set of hard rules to follow, rather more of a general survey of a range of value investing topics. It is a quick read and doesn't delve into complicated technical issues, no math necessary.

[Terry Koressel · Rating 2 out of 5]

Having read at least a dozen books on value investing, I may have a bias that is unfair to the author. By now, a book about value investing will have to be "off the charts" good to get 4 stars from me. Ms. Lowe actually did a good job and I read the entire book intently. However, I've read it all before...there was no unique insight or learning. Still, it was a book I read from cover to cover....so worth the time invested to me.

[Zach Gray · Rating 3 out of 5]

A good intro to value investing, an approach to investing that Warren Buffett uses. I listened to the book, so it was hard to follow the various formulas for valuing companies, but I don't plan on doing any investing outside of indexes anytime soon.

[Dzung Vuong · Rating 3 out of 5]

Baby steps for value investing

[Olya Ianovskaia · Rating 3 out of 5]

A synthesis of investment basics and time-tested advice from value-giants like Benjamin Graham, Warren Buffet, Peter Lynch, William O'Neil and others.