Benjamin Graham is the father of value investing with his book The Intelligent Investors (first published in 1949) still the bible for any aspiring value investing and the phrase price is what you pay value is what you get still rings true today.
But how does he identify a value investment and how do we implement it into our investing as a value investor?
This presentation by Just One lap founder Simon Brown details the two processes Graham used for value investing (defensive and enterprising).
Simon uses the criteria by Graham and will search the entire JSE looking for stocks that fit within the value investing methodology. He’ll then delve into the list determining which, if any, are looking attractive.