Advanced Value Investing
Building on our popular Value Investing program, the Advanced Value Investing program provides a deeper dive into the world of value investing. It explores how the practice has evolved since its inception and provides cutting-edge insights and best practices for the future of investing in a world of disruption and ever-changing trends in the market.
The practice of value investing is flexible and tactical. It uses techniques that are specific to the problem at hand and extends to investments beyond public equities. Advanced value investing emphasizes investing in compounders— companies that can reinvest capital at returns of invested capital well above the costs of capital, have large total addressable markets so that they can grow with the market and “compound” for long periods of time, and are careful in the evaluation of the risks of the business operations of the firm.
The program delves deeply into the logic compounders, both conceptually and in practice, followed by an analysis of the disruption and changing trends in the market. Two case studies help exemplify and deepen the understanding of disruption risks, equipping the participants to understand trends beyond standard diversification arguments.
Finally, the program explores slow-moving consumer trends by examining industries like healthcare, education, and leisure, leaving the participants better equipped to position their investment portfolio.
Advanced Value Investing builds on the popular Value Investing program at Columbia Business School Executive Education. The Advanced Value Investing program offers:
- A crash course in the valuation framework, an investment approach that is flexible and tactical
- A deep dive into the framework of investing in compounders — companies that can reinvest capital at returns of invested capital well above the costs of capital and that have large total addressable markets so that they can grow with the market and “compound” for long periods of time
- A better understanding of risk beyond standard diversification arguments
- A look at the disruption and changing trends in the market, including macrotrends and regulatory threats
The increasing importance of slow-moving consumer trends to the portfolio diversification
Upon completion of this program, you will earn three credits towards a certificate with select alumni and tuition benefits. Learn more.
Five consecutive daily live sessions from 1–5 p.m. ET. This program also features live office hours with the faculty. View the program schedule.
The program takes place over the course of five days and covers the following topics, which are supported by relevant case studies:
- Introduction: What is Modern Value and Why Now?
- Review of the Basic Valuation Framework
- The Logic of Growth and Compounding
- Risk Management: Frameworks
- Technological Disruptions
- Risk Management: Regulatory Disruptions
- Trends: The Case of the Tourism Industry
- On the Issue of Management: Shareholder Engagement
- The Total Investor
| Industry | % |
|---|---|
| Finance/Accounting | 31 |
| General Management | 26 |
| Other | 24 |
| Sales/Marketing | 9 |
| Operations | 7 |
| Research and Development | 3 |
| Job Function | % |
|---|---|
| Investment Management | 31 |
| Other | 30 |
| Finance | 17 |
| Real Estate | 7 |
| IT/Technology | 7 |
| Venture Capital/Private Equity | 4 |
| Consulting | 4 |
This program builds on the Value Investing program at Columbia Business School Executive Education. While attendance of the Value Investing program isn't a prerequisite to attend this program, a basic understanding of value-based investing principles is highly recommended to get full value out of this program.
Do you have questions about our live online programs? Please review our commonly asked questions on our live online programs FAQs page.
If you're interested in learning the basic value investing framework, we invite you to explore the Value Investing program.
Upon completion of this program, you will earn three credits towards a Certificate with select alumni and tuition benefits. Learn more.