Daniels: It's almost like bufft was struggling in between this, this gramian philosophy of trying to buy anything. He didn't care if it was a good company or not, as long as it was cheap. And graham bought quite a lot of these things. You can go and buy viable companies for less than essentially the cash on their books. So ye you look where there's real trouble economically across the board, looking for companies that are likely to survive,. If nobody wants to own argentine stocks, or turkish stocks, right? Then you're going to have a massive sell-off. Even people who don't need the money are looking for something else
There are two extremes of Warren Buffett’s Investing Strategies, and one of those extremes is Net-Nets.
The Net-Net Strategy was actually developed by economist Benjamin Graham, who Buffett studied under after graduating from Columbia. The Net-Net strategy is generally seen as an extremely conservative investment strategy, and after following it throughout the great depression, Benjamin Graham saw extreme success.
Join Phil and Danielle as they dive deeper and explain the history of Net-Nets, how and why to use them today, and briefly touch on the other extreme of Buffett’s investing strategies.
To learn more about how to successfully invest as a beginner, download a copy of Phil’s Complete Guide to Investing for FREE here: https://bit.ly/3oSjWaK
Topics discussed in this podcast:
- The Net-Net Investment Strategy & History
- Stock Options
- Investing Extremes
Additional resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices