Ben Graham (Warren Buffetts mentor) leaves the building.........
http://seekingalpha.com/article/293070-etf-deathwatch-for-september-2011-ben-graham-has-left-the-buildingDid Value investing just die?Tony Dye lost his job because he pulled clients money out of technology believing the sector was over valued (1996)....
http://www.telegraph.co.uk/news/obituaries/1581634/Tony-Dye.htmlWithin a month of his departure, and before P&D had had the chance to change its strategy, the stock market turned. Internet and telecom shares plunged, and the firm found itself rocketing from the bottom to the top of the pension fund performance tables.
The irony was that the hundreds of fund managers who had followed the herd and been proved disastrously wrong kept their jobs, while Dye paid the price for his independence of mind.
Jim Rogers......
When Everybody Is On One Side Of The Boat, You Should Go To The Other Side.
But you might need a great deal of patience (about 4 years in Tony Dye's case). Bad timing by any stretch of the imagination.
But if somewhere down the road you thought that the time was right what would you keep an eye on, or build a position up in?
Berkshire Hathaway BRK.A and BRK.B
Of course Buffett is a bit long in the tooth now.
Slide show...
http://www.cnbc.com/id/33608379/Berkshire_Hathaway_s_15_Biggest_Stock_HoldingsAlso
http://www.investinvalue.com/1/selectplaces.php?place=U.S.A.
http://www.investinvalue.com/1/selectplaces.php?place=Canadahttp://www.ndir.com/SI/articles/1110.shtmlold 2009...
http://www.grahaminvestor.com/2009/05/22/the-benjamin-graham-mutual-fund/Download
http://charts.grahaminvestor.com/downloads/GrahamScreen030809.xlsWhen a style goes out of fashion sites like these disappear and that knowledge becomes harder to come by. So if you're interested then bookmark/copy/save/make a note.
ATB
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