Updated data and insights to help value investors address the realities of today's markets On the heels of recent stock market tumbles and deceptions, value investing--the staple of investing greats from Benjamin Graham to Warren Buffett--has roared back into the spotlight. Value Investing Todayreturns with a new edition, filled with updated information and advice to give investors the skills and knowledge to become successful value investors. Broader in scope than previous editions, this third edition offers fresh lessons investors can use to uncover stocks that are, for whatever reason, underpriced in relation to their value. Updates to this edition include: New chapters on the psychology of investing and corporate governance Expanded discussions on the importance of margin of safety Increased correlations among world markets, and how to capitalize on them

Charles H. Brandes is the founder and one of five managing partners of San Diego-based Brandes Investment Partners, L.P., a leading manager of domestic, global, and international equity portfolios. Founded in 1974, Brandes Investment Partners manages over $10 billion of assets for institutional and private clients. The firm's portfolios have consistently outperformed the markets throughout its history and have produced results ranked among the top in the world. Mr. Brandes is responsible for directing the management of the firm and overseeing the Investment Committee. Early in his career, Mr. Brandes became an acquaintance of Benjamin Graham, the originator of the value approach to investing. He was able to learn firsthand how the "Dean" of value investing discovered bargain securities, and became a disciple of value investing. As a member of the Investment Committee, Mr. Brandes uses his expertise in value investing to guide the portfolio review process. He is a Chartered Financial Analyst (CFA) and has 29 years of investment experience.