In The Case for Activist Investors Walter Frick reviews my 2014 book Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations (hardcover or Kindle, 240 pages, Wiley Finance) in the Harvard Business Review. Frick says that it “reads more like an academic literature review:”
Heavily footnoted but nonetheless enjoyable, it makes the case for value investing—the search for undervalued stocks—and explains why practitioners such as Warren Buffett, whose 1964 letter to American Express is in Gramm’s book, and more strident activists such as Carl Icahn, whose 1985 letter to Phillips Petroleum is also featured in Dear Chairman, have been able to beat the market.
The reference to “Gramm’s book” is to Jeff Gramm’s excellent Dear Chairman, a book that I reading and enjoying now.
Buy my book Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations (hardcover or Kindle, 240 pages, Wiley Finance) from Wiley Finance, Amazon, or Barnes and Noble.
Here’s your book for the fall if you’re on global Wall Street. Tobias Carlisle has hit a home run deep over left field. It’s an incredibly smart, dense, 213 pages on how to not lose money in the market. It’s your Autumn smart read. –Tom Keene, Bloomberg’s Editor-At-Large, Bloomberg Surveillance, September 9, 2014.
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