Noted value investor Whitney Tilson has reviewed and analyzed every successful investment he's made over his money managing career in order to see what works, and what doesn't work over time. In a column for Kiplinger's Personal Finance magazine, he then distills that knowledge down into 9 money-making opportunities for value investors:

(1) Out-of-favor blue chips

(2) Distressed industries

(3) Turnarounds

(4) Overlooked small caps

(5) Fallen growth angels

(6) High-quality growth businesses

(7) Companies that are targeted by activist shareholders

(8) "Oddball companies" that are very different from the typical companies in their industry

(9) Companies like Berkshire Hathaway, where you "pay to let others do the investing for you."

In the next issue of Kiplinger's Personal Finance, he'll share 9 more ways to find value in today's market. Think of it as a playbook for making money with 18 different plays. When you're facing a tough defense (i.e. a tough market), you may not be able to rely on your bread-and-butter plays for making money -- you may need to search that playbook for additional ways to make money.

NOTE: Please keep in mind that TradeKing does not specifically endorse any of the securities or trading strategies mentioned. Depending on your risk-reward profile, this trade may or may not be suitable for your portfolio. The stocks mentioned are for educational purposes only.

[image: Whitney Tilson]