Book Talk with Bruce Greenwald - Value Investing: From Graham to Buffett and Beyond

Bruce Greenwald, Robert Heilbrunn Professor Emeritus of Asset Management and Finance and Tano Santos, David L. and Elsie M. Dodd Professor of Finance and Faculty Director of the Heilbrunn Center discuss the Second Edition of “Value Investing: From Graham to Buffett and Beyond.”

[@Darren_Huff]

So nice, I watched it twice! Thanks!

[@sksilwal]

Same here, had to watch it twice

[@tariitonyo3360]

two of the best!!

[@JessieOpportunityCostInvesting]

Id give this guy the best conversation ever if he just wants to talk and i listen. Leaning new things every time i watch this

[@andreasd6857]

Thank you for this lecture i could listen to both of them for hours, looking forward to new episodes with them

[@donefield2591]

Wow Bruce drops a lot of gems in here

[@GrahamValueApp]

"I finally figured out why the teachers of corporate finance often teach a lot of stuff that’s wrong. When I had some eye trouble very early in life, I consulted a very famous eye doctor and I realized that his place of business was doing a totally obsolete cataract operation. They were still cutting with a knife with better procedures and I said why are you in the great medical school performing absolute obsolete operations. He said it’s such a wonderful operation to teach. Well that’s what happens in corporate finance, they get these formulas and it’s fine teaching experience. You are given a formula, you are presented with a problem, you apply the formula, you get a real feeling of worthwhile activity. There is only on problem, it’s all balderdash. - Charlie Munger, Berkshire Hathaway: Annual Shareholders Meeting (2018).

[@holidayinpattaya8214]

This is awesome, like it a lot

[@rossferguson2123]

It's a fantastic book for reading and as a reference, well done guys

[@johnchew503]

Chapter 8 is a difficult chapter to put into practice.

[@Oliverkor]

@@johnchew503 The appendix was very difficult to understand. Gonna have to reread it a few times to fully understand it. Still gold though.

[@tishuchoudhary5426]

Thanks for the Book

[@36boys.]

Is this book difficult to understand for beginners?

[@bkvenggviews8203]

Congratulations

[@brainskull98]

Legend

[@stefanknezovic88]

Instalco went up over 40% since this video came out

[@marcusaurelius8686]

Gorgeous

[@juanochoa3972]

But google is not a local market, nor Apple

[@rhythmandacoustics]

They are specialized. Google owns the search engine market but loses to other things , which is their plan by the way to avoid being targeted as a monopoly. So is Apple, they are a phone manufacturer but to avoid being regulated they say that they make so much more stuff like earphones, stands and so on.

[@gazynaz]

He doesn't mean geographically local...it can be but it can also be local product markets, local/niche customer segments etc...

[@kurtglaser2774]

I think Bruce makes value investing to complicated.. he is obviously extremely smart but I have found value investing much more simple than he views it.

[@johnchew503]

I think you are correct.

[@joaodupui9503]

Very Nice, I learned a lot. Thank you Professor :) Yeah