Martin Whitman, an incredible value investor and teacher, passed away at 93 years old (Business Wire). Below are a short compilation of links on the value investing legend. The shareholder letters are great. I learned a lot from Martin. You can more investment wisdom by other great investors archived here.
“The financial world is so complex and unpredictable that a fair amount of our analyses will prove to have been flawed…. A dirt-cheap price is an anchor to windward against misperceiving current situations, or being unable to make accurate forecasts.”
—Marty Whitman
- Shareholder Letters – Third Avenue Management
- Free Book: Dear Fellow Shareholders…
- Book: Distress Investing: Principles and Technique
- Book: Modern Security Analysis: Understanding Wall Street Fundamentals
- Book: The Aggressive Conservative Investor
- Having the Last Laugh – Barrons (PDF/Barron’s)
- A Dozen Things I’ve Learned from Marty Whitman/Third Avenue about Investing (25iq)
- Marty Whitman Still Dives Deep For Value (PDF/Barron’s)
- Enduring Values, Enduring Value (PDF/Barron’s)
- The Big Money in Busted Bonds (Fortune)
- Remembering Famed Value Investor Marty Whitman (Morningstar)
Article by Brian Langis