Value Investing News

Ben Graham, the father of Value Investing and teacher of Warren Buffett, was also a successful investor in 20th century. The four bread and butter strategies, employed by his firm, the Graham-Newman corporation between 1926 and 1956 included arbitrages, related hedges, liquidations and Net-Current-Asset or Bargain issues.

MHO's debt to capital level sits at just 30%, while others on that list are flirting with much higher debt levels. On the surface, MHO appears as though it could be a value play, and warrants a closer look.

We saw here that there are home builders trading at huge discounts to their book values. Could some of these offer a chance to buy land at a big discount?

Bob Tattersall, of Howson Tattersall Investment Counsel, runs Benjamin Graham's net current asset value screen. The result is a rather short list. The article points out a few things to watch out for before investing in stocks that are selling for less than their net current asset value.