Your article shows that finally KYY and you understand a little bit more in Warren Buffett's teaching.
First, Benjamin Graham talked about Value.
Then, Warren Buffett modify it, buy undervalue stock at huge discount. The tricky part is the underlying business of the stock got to be growing and surviving for the next 30 years without his intervention.
You can't find it, doesn't mean it doesn't exist.
I repeatedly mentioned why KYY was making a low level mistake, he didn't check for consistency and do no product testing.
U disclaim net net investing, not value investing. In other word your definition of value investing is too narrow. U think is just net net investable stock= value investing. Maybe in the eye of other participants is growth consideration+existing value reside in a company is a investable stock. In this sense, I think it is also a value investing.
Hi, just read some of your articles. Thank you for sharing! I think it's a good investment approach indeed. Hope it works well for you and wish you every success in your stock investments.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockmanmy
6,977 posts
Posted by stockmanmy > 2016-12-02 16:00 | Report Abuse
KYY investing
http://koonyewyin.com/2016/11/29/kyy-investing-guide-lines/