If you’re looking for more information about the stock market, investing and the economy, the Finance Fiesta contains something from us and a lot of other great pieces on these topics.
If you’re looking for more information about the stock market, investing and the economy, the Finance Fiesta contains something from us and a lot of other great pieces on these topics.
Yesterday I wrote about my first approach to value investing and today I’m going to write about my second one. My second value approach is called the Wise Owl Model, so named because I wanted everybody to think that the approach is wise. (Clever, eh?) The methodology is based upon a meeting between Benjamin Graham and my former college professor, Dr. Wilson Payne. In the meeting, Benjamin Graham and Dr. Payne developed a method for estimating the intrinsic value of a company. From that came methodologies for calculating the Maximum Buy Price and a Minimum Sell Price. Dr. Payne...