"Intelligent Investor" fans

Discussion in 'Strategy Building' started by og5, Aug 8, 2006.

  1. og5


    Do you think by following an investing strategy like the one outlined in the intelligent investor, one could achieve around 20%/yr in the markets nowadays? I ask because of some reviews on amazon such as this one that say the method is somewhat outdated:

  2. maxpi


    One recent net -net stock was K-Mart. It was indeed far below it's book value. The management took the company into bankruptcy, killed the existing stock, came out of bankruptcy with new stock. The holders of the old stock got zip. I did not know that was a doable thing but I knew a guy that had a considerable part of his life savings in the old K-Mart stock. The management got the gold mine and he got the shaft.
  3. Conditions can get worse at any time. Those values might appear in a few years.