This course will introduce students to the traditional Graham, Dodd, and Buffett value investing framework as it has evolved over time (Fundamental VI) and the quantitative value investing framework (Quant VI). We will discuss the methods used for identifying and evaluating potential investment opportunities taking into account the fact that for every security you buy or sell, there is another investor in the market who is taking the opposite position and you could be wrong.
The learning objectives are: (a) Develop an in depth understanding of the Fundamental VI framework and a working knowledge of the Quant VI framework. (b) Understand the value investing philosophy, and apply it in practice through analysis of financial data and integrative thinking that helps assess the risks and rewards. (c) Present the analysis effectively in an organized manner and develop the ability to effectively work in teams by defining individuals' roles and tasks and managing conflicts for successful completion of group projects.