|
|
|
|
|
| STARTS ON |
| December 4, 2018
|
|
|
|
|
|
| DURATION
|
2 months, online
6‒8 hours per week
|
|
|
|
|
|
|
| How to Become an Intelligent Investor? Ignore the Herds.
|
| Over the past hundred years, investing fads have come and gone, but the value investing paradigm has endured. Value investing began at Columbia Business School in 1927 and the concept is simple: don’t treat stocks as symbols to be followed, but rather as companies to be analyzed. The three core principles have proven to be timeless:
|
|
|
| Always invest with a margin of safety.
|
|
|
| Rely on a system, not emotions, to drive decisions.
|
|
|
| Risk ≠ Reward Work = Return |
|
|
|
| Whether you’re a corporate decision maker, an individual investor, or a portfolio manager, you can learn the investment principles that have propelled three generations of investors, including Warren Buffett, to the pinnacle of success. |
|
|
|
|
|
|
|
|
| Tano Santos
|
| Faculty Co-Director, Heilbrunn Center for Graham & Dodd Investing; David L. and Elise M. Dodd Professor of Finance
|
|
An expert in value investing, his current research focuses on two distinct areas:
|
|
|
Asset pricing, with an emphasis on theoretical and empirical models that can account for the predictability of returns and |
|
|
|
Applied economic theory: the economics of financial innovations as well as theory of organizations. |
|
|
|
|
|
| We apply concepts by valuing real companies through case studies from Walmart, Amazon, Intel and others. And we’ll tackle highly-debated topics like: When does growth create value? How can we measure competitive advantage? How should we value risk? |
|
|
|
| Walmart |
|
How does Walmart’s expansion into China affect our valuation estimates?
|
|
|
|
| Amazon |
|
How does one even approach the valuation of a market giant growing approximately 30 percent per year?
|
|
|
|
| Intel |
|
Does the shrinking market for personal computers spell trouble for Intel?
|
|
|
| Early applications encouraged.
|
| Flexible payment options starting from $1,575 available now.
|
|
|
|
| Note: Columbia Business School Executive Education is collaborating with online education provider EMERITUS Institute of Management to offer a portfolio of high-impact online programs. By collaborating with EMERITUS, we are able to broaden access beyond our on-campus offerings in a collaborative and engaging format that stays true to the quality of Columbia Business School Executive Education and Columbia as a whole. |
|
|
