Table of Contents

Introduction
Forging My Value Mindset and Grasping the Baton
Part I Why Value Investing?
1 Here We Go Again
2 Fundamentals: What Is Value Investing?
3 The Value Pedigree And The Rewards Of Value Investing
Part II Value Investing In The Real World
4 Behavioral Biases: Why Value Investing Works
5 The Search For Value
6 By The Numbers
7 Why Go Overseas?
8 Searching Forvalue In A Volatileand Dynamicglobal Arena
9 Global Value Investing In The Modern Age Of Governance, Activism, And Accounting
Part III Lessons Learned And Principles Applied
10 Staying Committed:Mr. Market Takes Value To Task–Part 1
11 Staying Committed:Mr. Market Takes Value To Task—Part 2
12 Staying On Target:Investigating Investor Behavior
13 Staying Focused:Everything Old Is New Again
14 Staying Active:The Stock Picker’S Edge In A Passive World
Part IV Value In An Effective Portfolio
15 Are Stocks An Intelligent Investment?
16 Value Investing In The Bond World
17 Managing Risk And Diversifying A Portfolio
18 Which Way To The Market?
19 Staying The Course
Notes
Acknowledgments
Index
About the Author

About the Author

CHARLES BRANDES is the founder and Chairman of Brandes Investment Partners, L.P., and also a member of the firm's Investment Oversight Committee. Starting his career in 1968 as a broker trainee, Mr. Brandes decided to dedicate his practice to value investing soon after a chance yet inspiring meeting with the man who pioneered this time-tested investment philosophy, Benjamin (Ben) Graham. Considered the father of value investing, Graham authored such books as Security Analysis and The Intelligent Investor--groundbreaking insights that, as Mr. Brandes often puts it, "changed my life."

Following this sage advice, Mr. Brandes would found Brandes Investment Partners in 1974--with the enthusiastic support of Ben Graham--based on the Graham-and-Dodd value investment tenets. Since he founded his eponymous firm, Brandes has never wavered from this straightforward Graham-and-Dodd approach, building portfolios one company at a time through the firm's equity and fixed-income strategies to help clients pursue their long-term investment goals.