Warren Buffett - the master of value investing

Warren Buffett, the world's most successful investor known as the Oracle of Ohaha is first and foremost a value investor. Learning from the master of value investing, Benjamin Graham of Colombia University, Buffett is the world's most famous investor through investment vehicle Berkshire Hathaway Inc. 

Value investing generally involves purchasing equity securities appearing to be under-priced by fundamental analysis. Such securities are usually shares in public companies trading at discounts to tangible book value, holding high dividend yields with low price-to-earnings multiples. Naturally, a working knowledge of corporate finance is essential; the time to research the market and the tools to undertake such analysis.

Whilst value investing is a long term strategy, some criticism has arisen, especially in the form of growth stocks. Over the years, Buffett has apologised to investors for poor returns especially in bull markets when he has appeared to miss the boat; he has been venerated after the dot.com tech wreck and the sub-prime crisis that have all but wiped out the herd mentality of the bull market.