Applied Value Investing

This in-depth guide shows financially sophisticated readers how to use value investing in a macroinvesting framework and how to apply it to the emerging area of super catastrophe valuation. It illustrates how to put value investing to use with case studies on:

• Eddie Lampert's acquisition of Sears

• Warren Buffett's acquisitions of GEICO and General Reinsurance Corporation

• The recent 'new economy' boom and bust, and its aftermath

• The underwriting of the Pepsi Play for a Billion sweepstakes
  
  Applied Value Investing also demonstrates how to incorporate the cornerstones of valuation into an integrated business framework that can be used to assess and manage a franchise (or a firm operating with a sustainable competitive advantage).
  
  In addition to its cutting-edge applications of value investing principles, Applied Value Investing sets itself apart by drawing on material published in leading academic journals to form the foundation of its presentation. However, value investing is inherently practical, and this comprehensive resource provides helpful guidance for successfully implementing value investing strategies in the real world.