Charles Mizrahi, author of Getting Started in Value Investing, talks about his new book at Financial Sense Online.
Mizrahi is the managing partner of CGM Partners and also edits Hidden Values Alert, a monthly newsletter focused on the value style. His book carries endorsements from veteran fund manager Donald Yacktman and journalist/investor James Altucher.
I listened to about half of this interview and then turned it off.
Seems like yet another rehash of Buffett/Graham truisms with nothing of value added by the author.
I understand that value investing at its core is simple and so after a while, reading countless books on it will expose yourself to redundancy but it seems to me that many folks (not necessarily Mizrahi) ascribe to value investing but don't have a solid understanding of it.
It kind of reminds me of bible-thumpers who get so blinded by the holiness of it all that they mistake the book for the Gospel.
Posted by: Davy Bui | December 05, 2007 at 09:22 PM
I see your point on value investing. Once you've got the basic idea, there's only so many ways to reinvent the wheel. Many would be better off reading the annual reports of Buffett and some money managers instead. There are exceptions, of course.
Posted by: John | December 05, 2007 at 10:09 PM