How can we tell whether a recommendation to buy or sell a stock is right or wrong? That's the question Benjamin Graham posed in an article he wrote for the Financial Analysts Journal in the first quarter of 1946.
"If a security analyst should recommend the purchase of United States Steel at 80, as a "good buy," what criteria of the corresponding definiteness can we apply to test his wisdom," Graham asked in his article.
If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks.
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
