I thought I should join this thread just based on a few things croasian said. The mindset gels with me....hence my name on this forum.
I used to invest based on a Graham formula that was based on a 5 year average earnings. Then I moved over to the Greenblatt formula. Now I am going to combine what they both teach into my style because I have bought far too many companies I don't understand and that just adds to the stress.
I have beaten the market in my time in it, but not by 20%. Having said that, value investing works better when the market goes up. The XAO is up only 2% a year on average from when I started.
MRM Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held