Bruce Greenwald on Value Investing: Also STMF.PK Stanford Industrial Group

Greenwald advises not getting lured by stocks selling at low P/Es based on peak earning such as steel companies. He suggests looking more closely at assets or an economic moat.



This is not a traditional Graham and Dodd value stock with a strong balance sheet. In fact the balance sheet is horrible. But attributes that makes the stock a risky but high return investment would be as follows in my opinion.

I've purchased shares of STMF.PK as part of a highly diversified portfolio. They posted another quarter of spectacular results with double digit growth for the top and bottom line .


No comments: