Vinvesting.com is the leading social networking site for value investors where you can get the latest investment ideas, insights and interviews from great investors like Warren Buffett, Templeton etc.

Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates.

Christopher Browne

Christopher Browne : The prince of value



Christopher Browne traces his investing approach directly back to Warren Buffett's guru, Ben Graham. Guess what? It still works. If there's such a thing as an aristocracy of American investing, Christopher Browne is a full member.

The big money is in unfashionable shares



Peter Shearlock reviews "The Little Book of Value Investing" by Christopher Browne. Peter says "I have been prompted into making some new year's resolutions by The Little Book of Value Investing, which Santa brought down the chimney with him this year". Written by Christopher Browne of US investment managers Tweedy Browne, it is both an investment primer and a highly readable account of a lifetime chasing undervalued shares.

Peter says "Now I am not a fan of "How to books ” especially those American ones with titles such as 101 Ways To Beat The Market And Become Instantly Attractive To The Opposite Sex. But Browne's book is an exception." It is written by an old hand who has put theory into practice to good effect over the years. It reminded me of first principles, from which one is prone to stray, and it sparked some new ideas.

Value investing is the art of finding underpriced shares of buying a dollar for 66 cents. Browne's dictum is to buy stocks as you would groceries when they are on sale.

 

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