Applied Value Investing

Full Name
Applied Value Investing: The Practical Application of Benjamin Graham and Warren Buffett's Valuation Principles to Acquisitions, Catastrophe Pricing and Business Execution

For years, several books have been released on Benjamin Graham’s value investing approach. Each book presents different interpretations of the strategy and are generally introductory based. In Applied Value Investing, an advanced hands-on guide is provided to help investors apply the powerful value investing discipline outside of stocks and bonds. This book takes the same style with Graham’s 1934 masterpiece, Security Analysis, and extends it several notches—covering alternative investments, mergers and acquisitions, and financial strategy.

“This thought-provoking work takes value investing to the next level.”

Seth A. Klarman, President, Baupost Group, L.L.C., Lead Editor of Graham and Dodd’s Security Analysis, 6th Ed.

“After 75 years, Graham and Dodd remains the true North Star for those seeking the Rosetta Stone to unlock values. Professor Joseph Calandro adopts Graham and Dodd’s fundamental premises and uses them to focus on new dynamics.”

Mario J. Gabelli, CFA, Chairman and CEO, GAMCO Investors, Inc.

“Calandro’s application of Graham and Dodd principles outside the traditional realm of value investing involves multi-disciplinary thinking, a necessary skill for constructively framing and reframing the investment landscape in today’s chaotic world.”

Mitchell R. Julis, Co-Chairman and Co-CEO, Canyon Partners, L.L.C.

Applied Value Investing is the most important business book of our time.”

Dr. John J. Sviokla, Vice Chairman, Diamond Management & Technology Consultants, and former Associate Professor, Harvard Business School

“Calandro’s groundbreaking book integrates [key] lessons into a holistic and practical business framework, which can be used to either assess or manage a business

Robert M. Randall, Editor, Strategy & Leadership, and coauthor of The Portable MBA in Strategy

“If executives will adopt the discipline that Joseph Calandro lays out, they will avoid many, many costly mistakes.”

Paul B. Carroll, coauthor of Billion-Dollar Lessons

“A must-read for all Graham and Dodd followers, and valuation practitioners.”

Patrick Terrion, Principal, Founders Capital Management, and author of The Company You Keep

“A useful addition to every value investor’s library.”

Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School