Look to Buffett's Teacher

I want to wrap up my theme for the week and the resulting investable stock ideas. As the annual capitalist Woodstock approaches, my overriding thought is that most investors would be better off paying attention to the man who taught Warren Buffett the important concepts of value investing than to Warren himself. Most of us cannot do what Warren does. If we try to do so with a portfolio of less than several billions and billions of dollars of free money in the form of float, we are pretty much doomed to failure. However, we can easily adapt the principles of Ben Graham that Warren used to pile up the first few hundred million of his fortune.

I ran a screen earlier this week that identified issues that were bargains based on asset value and that also had strong fundamentals, which offer a margin of safety. It has been an interesting and revealing exercise. In The intelligent Investor, Graham mentions that often investors will find businesses for which they have no particular enthusiasm but the bargain nature and margin of safety make them worth buying anyway. That has certainly been my experience with this list....530 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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