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Books #17: Value Investors by Ronald Chan
By Eight percent per annum  •  March 11, 2022

I read an interesting book in 2021 simply called, "The Value Investors" by Ronald Chan. Well the full title is apparently - The Value Investors: Lessons from the World's Top Fund Managers. 

This book is unique as it introduced the many value investors that we may know but had never been featured prominently. People like Irving Kahn, Walter Schloss and a few Asian value investors including Singapore's own Teng Ngiek Leng, founder of Target Asset Management. 

There were many snippets and many lessons. I find the Asian lessons particularly useful as I could relate better.

Teng shared the importance to be flexible and be contrarian. This was echoed by Howard Marks who famously coined Second Level Thinking, which needs to be different but better. But Teng was able to connect that with his Asian experience, which brings the point home in a unique perspective for me. Another Asian value shared

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By Eight percent per annum
8% Value Investhink is a value investing / critical thinking knowledge platform with the goal to share knowledge, help understand investing and finance, and help develop critical thinking skills. One important objective would be to help others understand the concept of value and avoid overpaying, especially for property.
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