Value investing is less about screening ratios and more about temperament: the willingness to look wrong until you're proven right, and the analytical discipline to know the difference between conviction and stubbornness. FTN's Buffett, Munger, and Berkshire playbooks embody this; the reading list supplies the full intellectual tradition.
The Graham–Dodd Foundation
The Intelligent Investor
Benjamin Graham · Book
Margin of safety, Mr. Market, and the defensive vs enterprising investor—the philosophical foundation.
Security Analysis
Graham and Dodd · Book
Valuation methodology from the source—dense, rewarding for serious practitioners.
Modern Value Frameworks
The Little Book That Beats the Market
Joel Greenblatt · Book
Magic Formula as quantitative value screen—accessible and testable.
You Can Be a Stock Market Genius
Joel Greenblatt · Book
Special situations (spinoffs, mergers, restructurings) as value investing edges.
Margin of Safety
Seth Klarman · Book
Risk-averse value investing principles—out of print but widely photocopied for good reason.
Buffett and Munger Primary Sources
Berkshire Hathaway letters
Warren Buffett · Letter
Applied value investing over 50+ years—the most important free resource in investing education.