In any value investors mind, it is a crime that I have not even mentioned Benjamin Graham yet. Why? Because he is the father of value investing! He is the guy who taught Warren Buffett in university and gave him the initial investing framework. He is a true legend of the practise.
Graham: “A stock doesn’t become a sound investment merely because it can be bought at close to its asset value. The investor should demand, in addition, a satisfactory ratio of earnings to price, a sufficiently strong financial position, and the prospect that its earnings will at least be maintained over the years”
You'll notice that this quote pretty much summarizes my last post. Don't worry, there will be a better profile on Ben Graham to come.
I'd also like to point out that EVERY investor I mention in this blog has a LONG record of beating the market. These guys are the real deal. Not the hot shot equity or forex trader who has 1 or 2 good years, but a poor long-term record.