Title: Classic on Value Investing
Product review: This book is pretty much like the old testament of value investing and by old I don't mean outdated but more like the pillars behind the philosophy of investing according to value. It gives you the reasons why you should purchase stocks, how to evaluate the main components of the price. It gives you the mindset to understand stock pricing through economic cycles and why does history indeed repeats itself, or at least when it comes the ups and downs of the market. Finally it gives you examples - although pretty much limited in scope to current companies - and warns you on the main alerts to look at in the financial statements when deciding to buy a company
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