The Nuance Investments team’s favorite articles and books on value style investing.
Lewis A. Sanders, CFA - Chairman and CEO, Sanford C. Bernstein and Company, Inc.
"Value investing produces above-average returns that are enduring and available globally. Two behavioral axioms-(1) value equals anxiety and (2) reversion to the mean-underlie the performance of value investing. Empirical evidence in the United States and other developed markets attests to the veracity of the axioms and to the level of the performance."
Security Analysis - The Classic 1934 edition
Benjamin Graham and David L. Dodd (Copyright 1934 - McGraw-Hill).
The Intelligent Investor - The Definitive Book on Value Investing
Benjamin Graham (Copyright 1973. New material copyright 2003 by Jason Zweig - HarperCollins Publishers).
Extraordinary Popular Delusions and the Madness of Crowds
Charles MacKay (Copyright 1980 - Three Rivers Press).