Shopify Inc (SHOP)

[bar1080]

Ben Graham's stock selection rules. Doubt he or Buffett would think much of SHOP. LOLOL!

Rules for common stock investment [p 114]:

1. There should be adequate but not excessive diversification.
(minimum of 10, maximum of 30 different issues).

2. Each company should be large, prominent and conservatively
financed.

3. Each company should have a long record of continuous dividend
payments. [Zweig suggests 10 years continuous payments, or maybe
even 20.]

4. Investor should limit the price paid to not more than 25 times
average earnings for the past 7 years and not more than 20 times
the last 12 month period.