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This no-holds-barred display of one of the most successful investment strategies of all time - value buying distressed securities/companies - demonstrates how to analyze and evaluate stocks and shares just like controlling owners. Based on the assumption that stock price rarely displays real value, creators Whitman and Shubik use numerous circumstance studies to present risk-minimizing methods that provide high rewards. Still relevant today, this typical work carries a new introduction speaking about the remarkable changes that contain occurred in the value committing world since its first publication in 1979.