Warren Buffett's Magic Formula in 1965?
Read the full article at: http://www.gurufocus.com/news.php?id=8156
Submitted by SilverSlime on Thu, 2007-06-28 04:47.
(via www.gurufocus.com)
Lonnie Rush reviews Buffett's Partnership Letters and focus on Buffett's "Generals -Relatively Undervalued" investment category that performed better than the market in down years.
Interesting Read
I have long sense had a section of my investments tagged Relative Value. This has helped get into hot sectors and still have a value tilt. Two of my biggest wins this year were in this section (Steel plays IPS and TX) were both trading at a discount to there peers and had better margins and growth rates.
Interesting read.