Learn Investment from Masters

Author: Liu Jianwei Xu Xiaojie
Publisher:
Publish Date: 2006-01-01
Features: Based on the long-term investment experience and wisdom of four outstanding investment masters—Graham, Fisher, Buffett, and Peter Lynch—this book summarizes and analyzes the fundamental principles and basic operations of value investing, helping investors learn and understand value investing more simply yet deeply, further improving their investment performance. —Yang Minghui, Director and CEO of China Jianyin Investment Securities Co., Ltd.
I believe that the changes in the fundamental conditions of our securities market have brought a historic opportunity for value investing. As long as investors adhere to the value investing philosophy, continuously progress by accumulating experience and summarizing lessons, and deeply explore the huge investment opportunities embedded in China's economic development, they can certainly achieve long-term stable returns, possibly even higher than those of the masters. I highly recommend this book, hoping it can help Chinese investors systematically learn the basic principles of value investing from the true masters, making the value investing philosophy more widespread and mature in our securities market.
Wu Xiongwei, Chairman of BOSCH Fund Management Co., Ltd.
The meticulous research in this book helps us discard many misconceptions and incorrect understandings about value investing, guiding us back to the value investing wisdom of the four masters—Graham, Fisher, Buffett, and Peter Lynch—proven to outperform the market in the long run through successful practice. By learning from the masters, we can become true value investors.
Li Chunping, General Manager of Guotai Fund Management Co., Ltd.
This book systematically summarizes the fundamental principles, basic rules, and basic operations of value investing strategies, condensing the essence of the 70-year value investing wisdom of the four outstanding masters. It is very helpful for domestic investors to learn and adapt to the mature value investing philosophy internationally.
Lou Min, Vice President of China International Capital Corporation Limited
This book systematically summarizes the long-term investment experience of value investing from international masters. Against the backdrop of increasing internationalization of China's securities market, it is highly valuable for securities researchers and investors to refer to it.
Dr. Wang Yiming, Director of the Research Institute of Haitong Securities Co., Ltd.
Buffett believes that learning the wisdom and experience of many value investing masters is the only path to investment success: If I had only learned Graham's ideas, I would not be as wealthy as I am today. Since Graham proposed the value investing strategy in 1934, nearly all investment success stories of portfolio managers and investors who have consistently outperformed the market for over 70 years have been followers and believers of value investing strategies.
Based on the discussions of Graham, Fisher, Buffett, and Peter Lynch, this book deeply summarizes the definition and principles of value investing, combining new achievements in securities investment research to analyze key operational details in the practical application of value investing from three perspectives: investor psychology, company value assessment, and stock market fluctuations. It also systematically analyzes and summarizes the distinct investment styles of the four historically most influential value investing masters—Graham, Fisher, Buffett, and Peter Lynch—and thoroughly elaborates on the scientific and artistic nature of value investing strategies, making it a highly systematic and comprehensive guide to value investing strategies.