New Insights for Corporate Strategists from a Renowned Value Investor

Strategy & Leadership, Vol. 42, No. 6, pp. 29-36, 2014

Posted: 1 Dec 2014

See all articles by Joseph Calandro, Jr.

Joseph Calandro, Jr.

Fordham University - Gabelli Center for Global Security Analysis

Date Written: November 29, 2014

Abstract

Purpose of this Paper: This "masterclass" article explains how modern value investing analysis can guide corporate strategists and corporate development departments. It shows how executives can use some of the key insights from the recently published book by Martin J. Whitman and Fernando Diz, "Modern Security Analysis" (Hoboken, NJ: Wiley, 2013).

Design/Methodology/Approach: This "masterclass" article includes an interview with the lead author of the book, value investor Martin J. Whitman.

Findings: The insights contained within "Modern Security Analysis" can and should be leveraged by corporate executives and strategists to create wealth for their firms over time.

Research & Practical Limitations/Implications: This article supports earlier work published in "Strategy & Leadership" and other journals, which shows that Graham and Dodd-based valuation and analysis is a viable avenue of academic research and a viable method with which to assess corporate strategic initiatives (such as mergers and acquisitions, share buy-backs, risk management initiatives, etc.).

What is Original/Value of Paper: The analysis presented in this paper provides senior executives with a guide to the assessment tools used by the most successful value investors and an explanation of their relevance to corporate strategy.

Keywords: value investing, corporate management, corporate strategy, corporate development, M&A

JEL Classification: G30, G34, L1, M10, M12

Suggested Citation

Calandro, Jr., Joseph, New Insights for Corporate Strategists from a Renowned Value Investor (November 29, 2014). Strategy & Leadership, Vol. 42, No. 6, pp. 29-36, 2014. Available at SSRN: https://ssrn.com/abstract=2532089

Joseph Calandro, Jr. (Contact Author)

Fordham University - Gabelli Center for Global Security Analysis ( email )

531 Hughes Hall
441 E. Fordham Rd
Bronx, NY 10458
United States

HOME PAGE: http://www.linkedin.com/in/josephcalandro/

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