Comments on: Book Review: The Theory of Investment Value http://www.goodevalue.com/2008/01/book-review-the-theory-of-investment-value/ It may be cheap, but is it a Goode value? Sun, 16 Oct 2011 22:06:46 -0400 http://wordpress.org/?v=2.8 hourly 1 By: Bud Labitan http://www.goodevalue.com/2008/01/book-review-the-theory-of-investment-value/comment-page-1/#comment-601 Bud Labitan Thu, 07 Aug 2008 18:19:33 +0000 http://www.goodevalue.com/2008/01/12/book-review-the-theory-of-investment-value/#comment-601 Book Announcement: "The Four Filters Invention of Warren Buffett and Charlie Munger. Two Friends Transformed Behavioral Finance." by Bud Labitan http://www.lulu.com/content/3215722 ISBN 978-0-6152-4129-6 Paperback book $32.95 Printed: 148 pages, 6" x 9", perfect binding, cream interior paper (60# weight), black and white interior ink, white exterior paper (100# weight), full-color exterior ink Description: "The Four Filters Invention of Warren Buffett and Charlie Munger" examines each of the basic steps they perform in "framing and making" an investment decision. This book is a focused look into this amazing invention within "Behavioral Finance." The genius of Buffett and Munger's parsimonious four filters process was to "capture all the important stakeholders" in a "multi-variable" equation or formula. Imagine...Products, Enduring Customers, Managers, and Margin-of- Safety... all in one mixed "qual + quant" formula. Other important ideas are embedded in each chapter. The book can be used as a supplemental textbook in a Valuation or Decision Sciences course. Book Announcement: “The Four Filters Invention of Warren Buffett and Charlie Munger. Two Friends Transformed Behavioral Finance.” by Bud Labitan

http://www.lulu.com/content/3215722

ISBN 978-0-6152-4129-6

Paperback book $32.95 Printed: 148 pages, 6″ x 9″, perfect binding,
cream interior paper (60# weight), black and white interior ink,
white exterior paper (100# weight), full-color exterior ink

Description:

“The Four Filters Invention of Warren Buffett and Charlie Munger”
examines each of the basic steps they perform in “framing and making”
an investment decision. This book is a focused look into this amazing
invention within “Behavioral Finance.” The genius of Buffett and
Munger’s parsimonious four filters process was to “capture all the
important stakeholders” in a “multi-variable” equation or formula.
Imagine…Products, Enduring Customers, Managers, and Margin-of-
Safety… all in one mixed “qual + quant” formula. Other important
ideas are embedded in each chapter. The book can be used as a
supplemental textbook in a Valuation or Decision Sciences course.

]]> By: yashmitra http://www.goodevalue.com/2008/01/book-review-the-theory-of-investment-value/comment-page-1/#comment-564 yashmitra Wed, 16 Jul 2008 04:50:21 +0000 http://www.goodevalue.com/2008/01/12/book-review-the-theory-of-investment-value/#comment-564 thanx michael, can u plz explain in more detail why it must be relevant today? thanx michael, can u plz explain in more detail why it must be relevant today?

]]> By: michael http://www.goodevalue.com/2008/01/book-review-the-theory-of-investment-value/comment-page-1/#comment-561 michael Fri, 11 Jul 2008 12:41:16 +0000 http://www.goodevalue.com/2008/01/12/book-review-the-theory-of-investment-value/#comment-561 Of course. It is the basis for discounted cash flow analysis. This is still the type of analysis used to value bonds and annuities. For stocks it is not always put into practice because DCF is not robust: a slight change in assumptions leads to very different conclusions. Of course. It is the basis for discounted cash flow analysis. This is still the type of analysis used to value bonds and annuities. For stocks it is not always put into practice because DCF is not robust: a slight change in assumptions leads to very different conclusions.

]]> By: yashmitra http://www.goodevalue.com/2008/01/book-review-the-theory-of-investment-value/comment-page-1/#comment-560 yashmitra Fri, 11 Jul 2008 10:30:49 +0000 http://www.goodevalue.com/2008/01/12/book-review-the-theory-of-investment-value/#comment-560 is this theory still relevant today? is this theory still relevant today?

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