Value Of Investment Theory And Case Analysis

Value investment is a very important investment theory. In the boom market, many institutes say they are value-investors, but when the market goes down most of them give the show away. So what is the value investment? What is the key point and core of the value investment? Can value investment theory survival in the real market situation in China? These questions are ones which this paper wants to answer.Began with the origin of the value investment theory, the first paper introduce the basis and development of the theory. Then we discuss the essence and basic strategy of the value investment theory. We think the essence of the value investment theory includes emphasis on the corporate value, scientific judgement of the corporate value and earning of the operators' surplus.In succession, on the base of the development status in quo of the value investment theory's development in China, we discuss several main mistakes of the theory, sum up the class and characteristic of the value-investors in China, and prospect the development view of the theory. Then we discuss the applications of the value investment theory from the different aspects of investment philosophy, investment scope, investment objective and investment strategy. At last, taking the Company A for example, we expatiate the practice meanings of the value investment theory.