Deep Value and Cigar Butts
The statistically cheap end of the market: broken, ugly and unloved securities bought as a basket. Much of the modern evidence sits in academic papers rather than books.
9 books · 6 people behind it
Start here
- The Acquirer's MultipleTobias E. Carlisle, 2017
- Deep ValueTobias E. Carlisle, 2014
- The Intelligent InvestorBenjamin Graham, 1949
- Security AnalysisBenjamin Graham, David L. Dodd, 1934
The people behind it 6
Each person holds a book in this entry or names it in their own tags.
Investors 4
TE
Tobias E. Carlisle3 books hereBenjamin Graham2 books hereMJ
Martin J. Whitman1 book hereWR
Wesley R. Gray1 book hereAcademics 1
Journalists 1
Books 9
Benjamin Graham, David L. Dodd · 1934 · Where the cigar-butt discipline is set out in full.
Benjamin Graham · 1949 · Where the cigar-butt discipline is set out for the non-professional.
Benjamin GrahamChristopher BloomstranFrancois RochonGuy SpierHoward MarksJean-Marie EveillardJoel GreenblattMohnish PabraiPeter CundillPrem WatsaRational Capital Investment FundSeth KlarmanWalter SchlossWarren BuffettAndrew LokenauthBill AckmanCharlie MungerDavid EinhornJamie DimonJason ZweigKevin RoseLi LuMichael BurryMichael WongPeter MalloukRyan PetersonThe Barefoot InvestorThe Rational Walk
Martin J. Whitman, Martin Shubik · 1979 · Third Avenue's net-asset-value approach to safe and cheap.
Bruce C. N. Greenwald · 2001 · Separates asset value, earnings power and growth into three valuations.
T2 Deep Value
Tobias E. Carlisle · 2014 · Traces the method from Graham through Icahn to the acquirer's multiple.
Christopher Risso-Gill · 2011 · Peter Cundill's deep-value practice, drawn from his own journals.
Wesley R. Gray, Tobias E. Carlisle · 2012 · Systematises deep value with quality and fraud screens.
Tobias E. Carlisle · 2017 · Short popular version of the enterprise-value-to-operating-earnings screen.