After reading the fine book 'Applied Value Investing', I knew that I needed to go to the source material which this book by Bruce Greenwald is. Though being introduced and coming late to this material, as it was first published in early 2001, it nevertheless and much like the bible 'Security Analysis', more then holds its own today in 2010 and surely beyond.
The book truly updates my own analysis and could improve anyone's value analysis process from expert to novice. In addition, the back-half of the book espouses the different types of the value playbook one can use by reviewing several value camp practitioners from Mario Gabelli, Seth Klarman, Michael Price, Walter and Edward Schloss, and of course Warren Buffett.
As a side note: An updated edition by Greenwald is due in early 2011 which I have already pre-ordered.
Reference:
Applied Value Investing: The Practical Application of Benjamin Graham and Warren Buffett's Valuation Principles to Acquisitions, Catastrophe Pricing and Business ExecutionGet more detail about Value Investing: From Graham to Buffett and Beyond (Wiley Finance).
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