Three Picks that Benjamin Graham Would Approve

The difference between a company’s actual value (net working capital minus debt) and the value at which its shares sell in the market describes what Benjamin Graham called the “margin of safety.” In a recent article for The Globe and Mail, Validea CEO John Reese offers insights regarding the metric and findings of research concerning its credibility. The article cites Warren Buffett’s explanation of the margin of safety: “You don’t try to buy businesses worth… Read More