I can’t stress the importance of this enough, especially today. Credit/Debt markets are changed for several years to come and perhaps permanently. The strength of a company’s balance sheet is going to become of a primary importance as we go forward.
Tag: ben graham
Columbia’s Bruce Greenwald make some fantastic points. The second video is especially important as he talks about Fannie (FNM), Freddie (FRE) and why ignoring the balance sheet can be disastrous.
Columbia’s Bruce Greenwald make some fantastic points. The second video is especially important as he talks about Fannie (FNM), Freddie (FRE) and why ignoring the balance sheet can be disastrous.
One thing struck me. In order to get in the door at Graham’s firm, Buffett offered to work there for free. Can’t help but wonder how few people today would even consider that.
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Graham and Doddsville Summer 2009
This was a particularly interesting issue for me as I find myself going down the market cap scale finding opportunity. Well worth the read…
Disclosure (“none” means no position):