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Graham's Net Net Strategy
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