Value Investing Style

Ben graham practised a low valuation style, deemed cigar butt invest in by his protege, warren buffet. Graham's style emphasized the search for pedestrian companies whose shares were selling at discounts from liquidation value based on their balance sheets. He would later admit that he earned more on one long term investment in a growth company gico, than in all his other investments combined. This activity requires independent thought and a temperament that resists the emotional pull of the market cycle,. making for decisions based solely on value.