Good Stocks Cheap By Kenneth Jeffrey Marshall

Exclusive to Value Walk, the following is a new book excerpt from Good Stocks Cheap: Value Investing with Confidence for a Lifetime of Stock Market Outperformance by Kenneth Jeffrey Marshall, just published by McGraw-Hill:

Aqua Sphere is a brand of Italian swim goggles. Compared to classic swim goggles, they look funny. Instead of the common double-cup design, they have a single broad frame that embraces the face with a flanged silicone skirt. They look like a pair of ski goggles flattened.

[klarman]

To the swimmer, this design has advantages. The force exerted by the...