I just wanted to share an absolutely amazing testimonial that a reader emailed me recently about my book that literally brought tears to my eyes. Thank you so much to this reader and to everyone else who has bought or read my book, left a testimonial or review, or read this blog.
“I knew all the terms and read all the books but when it came to actually reading an annual report and getting something out of it I was lost. What your book did for me was offer concrete examples of how to find the information in an annual report that will allow an investor to make a conservative estimation of the true value of a company. Not only did it explain value matrices and why they are important and how they should be applied; but how an investor can find the inputs for these calculations in the annual report. For me that was a real eye opener. I would not change your book. I think it is the perfect starting point for someone who wants to start digging deeper into valuing businesses. It is a simple read and the cases and techniques used in each case are well explained. It does not overload the reader with either high theory or esoteric math. I think it does just enough to explain mind set when value investing and how to “discover” the value of a business. So I would not change your book; it provides a great starting point for someone interested in valuing businesses.” Testimonial that a reader sent to my email.
The Kindle version of How To Value Invest is now FREE through Amazon for the next 5 days. If you have wanted a copy of the book to learn how to practically learn how to value and evaluate companies for potential investment but could not afford it or were not sure about paying for it you will now have 5 days to get the book completely for FREE through Amazon. A description of some of what can be found in the book and testimonials/reviews can be viewed below.
I have separated the reviews/testimonials by bold and unbold fonts below.
“Mr. Rivera’s tome is a useful and honest reflection of his journey into value investing. As such, it would be of immense benefit to fellow travellers who are practicing the art and science of value investing. My sincerest thanks to Mr. Rivera for sharing his experiences with us. I have learnt much from him.” This high school teacher wished to remain anonymous and sent me this testimonial through email
“Jason commented the book is geared towards beginner and intermediate level value investors, I don’t agree. I’ve read countless value investing books and if you take reading it seriously this book is for all investors even those with years of experience and a formal investment finance education.
I do agree with Jason’s comment you don’t need to an Ivy League school education to be a great investor. If only this kind of book was available when I majored in Investment Finance and Accounting from a “top ranked” NYC Business school. My investment skills would have been far better served reading, studying and understanding all the concepts presented in this book” Portion of Shadowstock’s review from Amazon.
“Jason hit a home run with this book by filling a void in investing literature that needed to be filled. If this book was on the shelves when I first started learning investing it would have saved me hours of work. Not only does the book teach you everything you need to know to be a great investor, but Jason’s personal story and experience helps show you HOW to learn — even more it shows you how to learn without spending money or going to college. When it’s all said and done, the book keeps its promise: It will teach you to be a value investor while saving you both time and money. $40 beats the costs of a university any day.” Daniel Sparks (Valuefolios) Review From Amazon
“This book gives you a great perspective of how you should evaluate a company from a value investment side.” A portion of a Verified Amazon Purchaser review from Amazon
“Jason Rivera’s first book is a culmination of 5 years of work, and it shows. To the beginner investor: if you ever wanted to learn how to really value companies–not just grab P/E ratios from Morningstar or Yahoo! Finance–this book should be the foundation of how you begin your education.
Mr. Rivera has curated the web’s best investment resources into a streamlined, easy-to-read walkthrough. What sets this book apart is its ability to discuss higher level concepts in the language that introductory investors would understand.
This is a vast genre, but I implore you to invest in Mr. Rivera’s firsthand experience into the subject of financial enlightenment. It’s really that simple.” Jake’s Review from Amazon
There is plenty to be inspired by in this book, The author is a private investor who has taught himself how to be a value investor through perseverance, focus and many, many hours of reading, either books, articles or just surfing the internet. The message is clear, if you want to be a good value investor you don’t need an MBA but do need to put in the time and practice; this book though can help you on your journey.
What I liked most are the 11 chapters each dedicated to a case study where a companies stock is valued using different mixes of valuation techniques. These range, for example, from ‘asset reproduction value’, ‘sum of the parts’ and ‘relative valuations’. There is plenty to learn in how to value a company and what metrics/ratios can be used. The author looks for value but also the Buffett styled ‘moat’ to ensure competitive advantage of the company.
What I also enjoyed very much is the authors analysis of his original case studies and how the investment played put. This was done with great honesty even when it didn’t go exactly to plan and mistakes were made in hindsight. This is not only refreshing for the reader but also critical for investors to improve their skills. In addition there are plenty of suggestions of books to read and websites to visit to help you further expand your knowledge. A portion of Valuefactors review on Amazon UK.
The premise of this book is very simple: You no longer need to go to an expensive Ivy League level school to learn how to become an excellent value investor, and I am going to show you the steps I took to teach myself about investing and how you too can become an excellent value investor without going to college.
If you want to become an excellent value investor faster, while also saving yourself a lot of money in the process, then continue on and learn from my value investing journey. The book is geared towards beginner and intermediate level value investors to help reduce the main problem and frustration I had when I started to teach myself; wasted time. A small portion of what will be taught in the book is below:
How to use the valuation techniques that I use, how to adjust them, and what they mean for the overall investment thesis.
How to properly evaluate a company’s financial reports, profitability ratios, and debt ratios to help decide if the company is a potentially good investment.
I will tell you how I make sell decisions now and how I used to make them. This includes me sharing how I missed out on a nearly 70% gain because I didn’t have the proper sell decision processes in place when fully invested and how you can avoid the same mistakes.
I will share with you how I do research now and how I used to do research by showing you how to discard bad companies a lot faster which will save you a lot of time and leads to finding better companies quicker.
If you learn and put into practice what is shown in the book, work hard, continue to learn, and develop your own proper thought, investment processes, and mind-set than I guarantee that you will be a better at evaluating companies for investment than most MBA’s and professional level investors all for less than 1/3 of the price of ONE college textbook, for a fraction of the cost of going to a university, and you will also be saving yourself YEARS of time from having to find all of this information by yourself like I had to.
The links for foreign Amazon sites can be found on this page.
Also, if you could please take 30 seconds of your time to review the book on Amazon and send me testimonials of the book that I could post on the blog I would greatly appreciate it. Please pass this along to your colleagues and friends who are interested in investing as well.
As I mentioned in yesterdays video here, I am putting How To Value Invest the Kindle version, on sale for 5 days starting tomorrow morning 6 AM PST, completely for FREE. I want to get the book into as many hands as possible and have received some emails from people in various countries that they would like to read but could not afford the book. If you have ever wanted to buy the book but were worried about the price, you now have no excuses to pick it up because for 5 days starting tomorrow at 6 am PST you can get it for FREE through Amazon.
Starting NOW I have also PERMANENTLY dropped the price of the paperback version of How To Value Invest to $12.99 to bring it into line with the pricing of most paperback versions of other investing books, again to get the book into as many hands as possible.
Starting tomorrow you can get the Kindle version either directly from Amazon or linked through my site on this page, where you can also view reader testimonials, reviews, and download some excerpts from the book and preview the first several chapters of it as well. As of the time of this writing the paperback version of How To Value Invest is supposed to be selling for $12.99 if you want to pick it up at its new price, but is still showing the old price so please make sure that if you are buying the paperback version of the book that you are paying $12.99 through Amazon BEFORE BUYING it as it takes some time for Amazon to update prices.