Inversión en valor

Martin J. Whitman was a value investor known for his ability to buy undervalued companies and resell them at a substantial profit. To achieve this he used an analytical framework that evaluated the impact of real events - such as restructurings, regulations, mergers, acquisitions and other important factors - on the value of a company. In "Investing in Value" Whitman details that framework and provides us with the keys to its success. This book, now an investment classic, is a controversial attack on the modern financial practice of focusing on price movements and short-term trading operations that refutes much of the academic discourse on the most popular finance and analytical techniques. He further identifies the fundamental factors that affect the value of companies and entire markets, and takes value investing one step further by demonstrating how industry movements and policy decisions can generate higher returns.