Cheap Thrills for Value Investors

There was much discussion this weekend at Chez Melvin about a speech by Dean Williams of Battery March Financial more than 30 years ago about the perils of market forecasting. Readers will recognize the Melvinesque theme that most of us can't forecast well so why not buy what is cheap now. Williams' talk to the Financial Analysts Federation was the precursor of "React don't predict."

This inevitably spun into the topic of what is cheap now. In the past few weeks I have looked at various strategies and approaches to the market as well as what stocks to avoid. This weekend I was asked which stocks I would buy at the current price if I were building a brand new portfolio. This is an important question and we should spend time on the answer this week....623 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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