Comments on: Book Value - a Real Contradiction

By: AD

AD — Tue, 17 Nov 2009 15:15:06 +0000

That was very interesting. I have just been reading the intelligent investor, so i can resonate with your thoughts.

By: Bootstrap

Bootstrap — Mon, 27 Apr 2009 22:11:42 +0000

Great article! This is an interesting way to illustrate the importance of investment returns. I think another thing that people miss (or forget) when they talk about Graham is that he came from a very industrial heavy era. Railroads, manufacturing, etc. The book value is very important aspect of the physical value of the company. In many of today’s industries - think software, consulting and finance - companies are much more “asset light” which makes analysis much different from his original theories.

Thanks for the thoughts,
Bootstrap

By: Timothy

Timothy — Fri, 10 Apr 2009 08:34:31 +0000

Really interesting stuff.

Now that you have told me what not to do, I hope you will also tell me what I should do.