Value investors like Warren Buffett can beat not only the stock market, but also most other money managers as well. Why? What do value investors do differently from other investors? And if value investing works so well, why do so few people use it?
In this online course, we will learn the fundamentals of analysis, projection, valuation, and implementation. We will first learn to analyze companies’ historical performance by calculating vital metrics like return on invested capital. Second, we will discover how to project future corporate performance using frameworks like Porter Five Forces analysis. Third, we will master how to value a stock. And finally, we will learn how to implement a value strategy by steering clear of short-term reporting, biases, and other hurdles. By tackling the tools of value investing and the keys to their implementation, students will gain insight into the capital management strategy that performs best over the long term.