Gary Channon (Phoenix Asset Management) - Experiments In Value Investing
Far From The Finishing Post
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How to Invest Stop Market
i was always an instinctive contrari but i didn't have a method. By the time i was 15, it about 50 thousand pounds. My tract record has only ever gone downwards. There's nothing like supreme confidence and luck to really knock out some good numbers. I used namura's money set up a value book. And because i was a portfolio person, i started with a portfolio of cheap things. So using ratios, price to book and low pes andd in those days, that was a collection of awful businesses. But then ovesly, trying to get better ad it deeper and deeper on cabadon got more poor as well. The very first thing i've never
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