Value investment

An investment philosophy of buying shares or other assets which are currently trading cheaply in the market, in comparison with their values determined by fundamental analysis of the underlying business.

Value investment was popularised by Benjamin Graham's The Intelligent Investor (1949), which was an early and very influential book on value investing.

See also

• Contrarian
• Economic value
• Fundamental analysis
• Intrinsic value
• Investment
• Value
• Value share
• Warren Buffett