Net Current Asset Value: The Magic of Deep Value Investing

Net Current Asset Value: The Magic of Deep Value Investing by Victor Wendl, author of  The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value

I always enjoyed magic tricks as a child, so when the movie The Prestige was released in 2006, I was eager to see it. Early on in the film, a narrator describes the three parts of every magic trick. These parts are as follows:

1) The Pledge – The magician shows you an ordinary object—say a deck of cards or a rabbit.

2) The Turn – The magician takes the ordinary item and makes it disappear.

3) The Prestige – Making something...