The Value Investors: Lessons from the World's Top Fund Managers

Acknowledgments

This book is a team effort. In fact, I see myself more as organizer and coordinator than author. Without my publisher, John Wiley & Sons, the book would never have come into existence, and without the collective participation of the many respected value investors, there would be no book to publish.

I would first like to thank Irving Kahn, Mark Mobius, Jean-Marie Eveillard, Thomas Kahn, William Browne, Teng Ngiek Lian, Anthony Nutt, Shuhei Abe, Cheah Cheng Hye, V-Nee Yeh, and Francisco García Paramés for their participation and valuable contributions. Interviewing them was an honor, and I can think of no better way of discovering the essence of value investing than learning directly from them and their collective experience.

Walter Schloss passed away on February 19, 2012, in Manhattan, New York. He was 95 years old. I remember the day I spoke to him in late September 2011, when he agreed to be featured in this book. On the phone, he told me about his travel plans, so a better time to meet would be in early 2012. He said, however, that if we could meet before his travels, it would work.

Without hesitation, I flew to New York from Hong Kong to meet Walter. Visiting his apartment in Manhattan and spending an entire morning with him, I learned about the meaning of success and the concepts of value investing. More important, I learned about honesty and integrity. At the end of our meeting, he mentioned how much he loves America because the country has given him the opportunity ...