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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mikenkh
32 posts
Posted by mikenkh > 2011-07-13 17:27 | Report Abuse
I think Graham's method is less applicable in an already inflated market, high PE, low DY etc and perhaps your idea of 2X or 3X NCAV applies,so make hay while the sun shines. To me I feel Graham's principle is very sound in a hammered down market when we pick up real bargains. You need resources and patience to sit it out. I do that but honestly I sell too fast. Thanks for reminding me to stick to a winnable method.