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.

Cheap Stock's index of net/net stocks was very volatile this past week, with 20% of index members up at least 12%.

The latest list of stocks trading below NCAV and a few short comments.