Columbia Business School has partnered with the Frankfurt based Center for Value Investing to offer a value investing course in Europe. The course is open to investors at all levels who want to refine their understanding of value-based investing principals for professional or personal use. Registration for this course closes July 4, 2008 (enrollment is limited).
Investopedia defines value investing as “[t]he strategy of selecting stocks that trade for less than their intrinsic values. Value investors actively seek stocks of companies that they believe the market has undervalued.”
Participants will learn quantitative valuation techniques such as asset valuation and earnings power method to calculate intrinsic value. Methods of franchise valuation and calculation of investment risk will also be explored.
As Charlie Munger (Buffett’s egregiously rich side-kick) remarked: “All intelligent investing is value investing.” So if you’ve always wanted to visit Germany, treat yourself, and learn some important skills at the same time.