Weekly Net-Nets (08/01/2022)
This is a list of companies that trade at no more than 2/3 of their liquidation value - so called ‘cigar butts’. Benjamin Graham, who mentored Warren Buffett, argued that such firms are ‘worth more dead than alive’ and could make for solid investments. The ‘margin of safety’ is extremely wide…
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2 years ago · 2 likes · Johan Lunau