The market bottomed in June of 70. It rallied back up for a year and a half to the peak of 72, then it went straight down again. The funds that i picked by dumb luck, that were managed by guys who were followers of the value system benjamin graham, they did much better. And the other ones just collapsed.
Arnold Van Den Berg is the Chairman and CEO of Century Management, and among the best investors in the world. In this episode, Arnold shares his experience in winning a losing hand, constructing a good life, and the power of subconscious mind.