Wall Street’s Blind Spots: A Unique Perspective on Value Investing, Valuation and Capital Allocation - Formato Paperback

Wall Street’s Blind Spots: A Unique Perspective on Value Investing, Valuation and Capital Allocation - Formato Paperback

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  • Wall Street’s Blind Spots teaches you why conventional valuation methods can be flawed—and offers a grounded, intuitive framework to replace them. Identifying undervalued stocks shouldn’t be as hard as investing gurus and academics make it seem. But doing so requires knowing how to properly value a business—something even sophisticated investors often misunderstand. This book’s valuation framework is based on common sense and simple logic rather than formulaic, overcomplicated models. Most importantly, it exposes what investors routinely overlook—their blind spots—and explains why failing to address them can weaken the entire investment thesis. It’s surprising that these ideas remain misunderstood, especially given that value investing has been around for nearly a century. Equally striking is how often they’re ignored, despite being rooted in basic math and clear logic. With its timeless lessons, Wall Street’s Blind Spots will be valuable to both curious beginners and sophisticated investors. Beginners will appreciate its accessibility and practical clarity. Professionals and academics will value how it challenges many of the anchored assumptions behind their current investment decisions. Jose Mayora, a CFA® Charterholder, is the co-founder of a long-term public equities fund, which he leads with the mindset and principles presented in this book. If you’re ready to learn from an approach that stays true to value investing’s core principles—yet is surprisingly innovative in its thinking—this book is the perfect fit for you.

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