06-08-2012, 03:32 PM
Hi fellow buddies,
I happened to chance upon this book recently. It's title is " there is always something to do" by Peter Cundill, who passed away in 2007.
In essence, he was a famous fund manager who came out with this approach. He was able to reap at least 15% for the 33years he was fund manager.
buy at 0.6 book value, PE 6, Dividend 6
-provide a safety margin for a company with decent earning that also distribute a reasonable yield back to investors.
Does anyone have any views on this or any comments?
I happened to chance upon this book recently. It's title is " there is always something to do" by Peter Cundill, who passed away in 2007.
In essence, he was a famous fund manager who came out with this approach. He was able to reap at least 15% for the 33years he was fund manager.
buy at 0.6 book value, PE 6, Dividend 6
-provide a safety margin for a company with decent earning that also distribute a reasonable yield back to investors.
Does anyone have any views on this or any comments?