Book excerpt: Value investing moves in and out of favour, but the data doesn’t lie. It has always worked, and will continue to work — as long as investors apply a value discipline and invest for the long term. In The Case for Long-Term Value Investing, experienced Wall Street pro Jim Cullen presents the eye-opening data that backs this up, explaining how investors can use the value approach for successful investing today, as well as sharing a wealth of fascinating stories from his time on the Street. Discover: --The true principles of value investing --Jim’s stock-picking method in detail --Inspiring case studies of successful value investments --How to apply the value discipline through practical strategies. The Case for Long-Term Value Investing also includes a concise history of the last 100 years of market history — showing just how crazy the market can be — with a review of bear markets, recessions, bubbles, melt-ups, interest rates, and much, much more. The Case for Long-Term Value Investing is the ultimate introductory guide to how and why value investing works, how to understand the markets, and how to be a successful investor.