Jack L. Treynor… Read more
Insights
BEN GRAHAM’S VALUE APPROACH: CAN IT STILL WORK?
Martin Fridson Price collapses in dotcoms and telecoms have fostered a comeback in the fundamental analysis identified with Benjamin Graham (1894–1976). Defining Graham’s method is no simple task, however; his thinking evolved considerably over a 60 year career. Reducing Graham’s approach to a quantitative formula does not produce superior performance. His most celebrated pupil, Warren… Read more
DON’T COUNT ON IT! THE PERILS OF NUMERACY
John C. Bogle Author John C. Bogle argues that the Information Age has given birth to a worship of hard numbers, and, in turn, the attitude that “If you cannot measure it, it doesn’t matter.” Mr. Bogle disagrees with this syllogism, and offers four “Perils of Numeracy,” detailing the threats that each pose not only… Read more