Ashu Dutt's 26 Rules of Value Investing

Value Investing carries a sophisticated connotation. It carries a feeling of making money in stocks by hard work and research. Perhaps it appeals to our middle class mentality i.e "To make money, you have to work hard".

In this book, I will go beyond this narrow definition of buying stocks because "value investing" is largely misconstrued as "buying cheap" or "buying stocks with low PEs" or "buying stocks because the Book value is way lower than the price". While this may be...
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Value Investing carries a sophisticated connotation. It carries a feeling of making money in stocks by hard work and research. Perhaps it appeals to our middle class mentality i.e "To make money, you have to work hard".

In this book, I will go beyond this narrow definition of buying stocks because "value investing" is largely misconstrued as "buying cheap" or "buying stocks with low PEs" or "buying stocks because the Book value is way lower than the price". While this may be part of what value investing is all about, such an approach rests on
conventional thinking and makes several assumptions which may be plain wrong. It is like getting into a pool expecting it to be 5 feet deep and finding out it is 11 feet deep. In that case, either you know how to swim or you needed to make a much better guess of the depth

Once you finish reading this book, you will have a pretty good idea of figuring out the depth of a pool or learn to swim even if the pool is deep.