A portfolio of stocks designed on the basis of Benjamin Graham's principles has beaten the market over the past three years.
Benjamin Graham, the author of Security Analysis, is hailed as the dean of Wall Street. In another book titled Intelligent Investor, Graham outlined an analytical method for defensive investors who want to use only simple methods of analysis as they cannot spare much time for active investment effort.
To make Graham’s method growth-oriented and more explicit, this author provided specific numerical estimates and the modified Graham-Rao method was described in A Nine-step Route to Picking Value Stocks published in the The Smart Investor dated August 25, 2003.
Additional Readings:
It's all in the family
Sometimes there is more than what meets the eye. This is especially true for companies with unlisted subsidiaries. Follow the leader?
There have been numerous private equity deals of late. But should ordinary retail investors follow in the footsteps of PE investors?
Additional Reports:
Off-Topic Readings:
Parting Thought:
It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price. Now, when buying companies or common stocks, we look for first-class businesses accompanies by first-class managements. - Warren Buffett
this is in relation to ur article "THE MERIT OF VALUE INVESTING" .Please check the returns of some good diversified equity mutual funds for same period .For eg.----
NAME OF FUND-ANN RETURNS
1)FRANKLINE INDIA BLUECHIP FUND-56.64%
2)FRANKLINE INDIA PRIMA FUND-65.58%
&so many.So my query is -It is really necessary to research & waste once time?
Posted by Anonymous | 10:35 PM