Value Investing News

Seth Klarman's Baupost Group holdings on 12/31/2008 are revealed in this 13F filing.

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.

The recent sell off in the market has created a legion of stocks trading under net current asset value. This was a method of investing popularized by Benjamin Graham, who needs no introduction. Lists like these should only be used as a starting point in doing research. Do not invest blindly in these stocks. Here is the list from an article that was published on October 30.

Here's a nice list of Ben Graham style discount stocks selling below net asset value.

A list of current profitable net/nets that have "real" operating businesses.

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.

Excerpt: "We recently discovered an interesting relic, (interesting in our minds anyway) that being a complete list of net/nets from early February 2003, when we initially launched this site. There were more than 500 companies on this list, some legitimate, and some destined for the scrap heap. We thought it would be a worthy exercise to see how the top ten net/nets by market cap fared in subsequent years.

Cheap Stocks lists the top ten net/nets and the top ten double net/nets companies trading at less than twice NCAV.