Value investing is an investment approach developed by Benjamin Graham and David Dodd and presented in their book, Security Analysis. Graham later wrote The Intelligent Investor, which is a more readable treatment. Value investing involves buying stocks at undervalued price based on some fundamental measure such as high dividend yield, low price-to-book value, or low price-earnings ratio.
Well known value investors include, among others, Warren Buffett, Peter Cundill and Sir John Templeton.
- Wikipedia, Benjamin Graham, viewed Feb. 21, 2009.
- The Ben Graham Centre for Value Investing, Benjamin Graham, viewed Mar. 9, 2009.
- Wikipedia, David Dodd, viewed February 21, 2009.
- Wikipedia, Security Analysis, viewed February 21, 2009.
- Wikipedia, The Intelligent Investor, viewed February 21, 2009.
- Wikipedia, Well known value investors, viewed February 21, 2009.