SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Burry who wrote (9748)1/26/2000 11:00:00 AM
From: James Clarke  Read Replies (2) of 78483
 
On the question of how selective to be with net-nets, lets consider what Graham said on the subject.

"on the whole these stocks [net-nets] afford profitable opportunities for purchase. Nevertheless, the securities analyst should exercise as much discrimination as possible in the choice of issues falling within this category. He will lean toward those for which he sees a fairly imminent prospect of some one of the favorable developments listed above. Or else he will be partial to such as reveal other atractive statistical features, e.g satisfactory current earnings and dividends, or a high average earning power in the past. The analyst will avoid issues which have been losing their quick assets at a rapid rate and show no definite signs of ceasing to do so."

Security Analysis (1934 edition), p. 503
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext