Amit Wadhwaney of Third Avenue talks about how companies with good balance sheets become cheap. He starts out with Third Avenue’s value approach to finding companies with strong balance sheets and are inexpensive. Amit notes that since many investors are so fixated on earnings, and ROE, the companies with financial sound balance sheet are ignored. This interview was conducted by The Manual Of Ideas, learn about their next online value investing conference (Best Ideas 2013). The video interview is embedded below: