The Aggressive Conservative Investor

The Aggressive Conservative Investor will never go out of date. Regulation, disclosure, and other things may change, but the general approach and mindset to successful investing are timeless. Read this book and you will learn the rudiments of safe and cheap investing. An essential read for every amateur and professional investor.Stan Garstka, Deputy Dean & Professor in the Practice of Faculty & Management, Yale School of ManagementSecurity analysis toward both better odds and higher longterm payoff: A readable, authoritative guide.Professor Bill Baumol, New York UniversityIn reading this book, one is struck by the simplicity of the ideas and the dependence of the investor on his own understandings of reality as opposed to the myths on the street. The updated version of this 1979 classic incorporates all the modern financial engineering that has occurred as a product of the late 20th century, and the new methodologies refine your abilities to measure risk but dont change the fundamentals of value. The updated version of The Aggressive Conservative Investor is very much a valueadded proposition.Sam Zell, Chairman, Equity Group Investment LLCI concur with those people who regard Marty Whitman as the Dean of Value Investing. This book is a mustread for everyone interested in understanding the art of investing.Melvin T. Stith, Dean, Whitman School of Management, Syracuse UniversityThis noholdsbarred presentation of one of the most successful investment strategies of all time value investing in distressed securities/companie shows you how to analyze and evaluate stocks just like controlling owners. Based on the assumption that stock price rarely reflects real value, authors Whitman and Shubik use numerous case studies to present riskminimizing methods that also provide high rewards. Still relevant today, this classic work includes a new introduction discussing the dramatic changes that have taken place in the value investing world since its first publication in 1979.