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Re: Buy-And-Hold post# 588

Monday, 07/21/2014 1:24:37 PM

Monday, July 21, 2014 1:24:37 PM

Post# of 9444

The famous investor Benjamin Graham, author of The Intelligent Investor and mentor to Warren Buffett, made NCAVPS famous via his rule that he would only buy a stock if it were trading for less than 66% of its NCAVPS



ok, but using it as a "rule" is different from using it as a valuation metric. Can't be used as a valuation metric because it doesn't make sense.
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