The Business of Value Investing.pdf

Contents xi

• Chapter 3 The Six Elements of Intelligent Investing


• All Investing Is Value Investing


• Learn from the Masters
  
  
  • Framework The Sum of Its Parts: A Fundamental
  
  
  
  


• A Mental Latticework


• Overview of the Six Elements


• Emphasize the Process, Not the Outcome


• Key Takeaways
  
  
  • The First Element Chapter 4 Establish a Sound Investment Philosophy
    
    
    • of the Game Preservation of Capital Is the Name
    
    
    
    
  
  
  
  


• Price Paid Determines Value Received


• The Starting Point Matters


• Avoid Using Margin


• Focus on Absolute Returns


• Key Takeaways
  
  
  • The Second Element Chapter 5 Develop a Search Strategy
  
  
  
  


• Ignore the Media


• Imitation Is the Sincerest Form of Flattery


• Basic Search Strategies


• Advanced Search Strategy


• Key Takeaways


• Fertile Hunting Ground


• Conclusion


• Key Takeaways


• Chapter 11 Avoiding Common Stumbling Blocks
  
  
  • Same Coin Growth and Value: Two Sides of the
  
  
  
  


• Book Value: More Than Meets the Eye


• What Matters Most


• Key Takeaways


• Chapter 12 Starting an Investment Partnership


• Two Key Considerations


• Service Providers


• Quality Matters Most


• Notes


• About the Author


• Index