How to Think Like Benjamin Graham and Invest Like Warren Buffett

In How To Think Like Benjamin Graham And Invest Like Warren Buffett, Cunningham Returns To The Basics Of Investing By Returning To The Two Legends Who Established, And Then Refined, Those Basics. He Shatters Many Of Today's Common Investing Myths, Replacing Them With The Facts And Tools Needed To Thoroughly Analyze The Investment Value Of Any Business. This Book Illustrates How Forces That Are Unique To Today's Market - Including Electronic Day Trading, An Overvalued Ipo Market, And Computer-based Stock Exchanges - Are Leading To An Increasingly Wide Gap Between Price And Value. It Then Convincingly Explains How To Close That Gap, And Find Undervalued Stocks Poised To Recover Their Value, By Using The Business Analysis Approaches And Insights Of Benjamin Graham And Warren Buffett.--jacket. Introduction: The Q Culture -- A Tale Of Two Markets -- Mr. Market's Bipolar Disorder -- Swings, Bubbles, And Crashes -- Be An Anomaly -- Barrel Of Monkeys? -- Prozac Market -- Obscurity -- Simplicity -- The Perfect Dream -- Tidying Up The Tale -- Chaotic Market -- New Wave -- Next Wave -- Complexity -- Behavioral Finance -- Amplified Volatility -- Information Volatility -- Transaction Volatility -- Trader Volatility -- Prognosis -- Take The Fifth -- Who's In Charge? -- Sticking To Your Knitting -- Alchemy -- The Long Run -- Show Me The Money -- Apple Trees And Experience -- Fools And Wisdom -- Horse Sense -- Your Circle Of Competence -- The Initial Circle -- The Nurtured Circle -- A Full Circle -- Decision Making -- Recognizing Success -- Business Fuel -- Managers Under The Microscope -- Bang For The Buck -- The Full Tool Chest -- You Make The Call -- Assets -- Earnings -- Silver Bullets And The Margin Of Safety -- Cash -- Market Circularity -- Making (up) Numbers -- Perennials -- Satire -- Charades -- In Managers We Trust -- Going Global -- The Two-world Story -- Illusions Of Duty -- One World To Come -- Rules And Trust -- The Family Manager -- Local Governance -- General Governance -- Your Voice At The Table -- Directors At Work -- Hail To The Chief -- Pay -- Deals -- Capital -- Checking Up -- The Fireside Ceo -- Master Servants -- Action -- Lights -- Trust -- Conclusion: The V Culture. Lawrence A. Cunningham. Includes Bibliographical References (p. 245-255) And Indexes.