Beware of Perennial "Net-Nets" - Hedge Fund Manager Jonathon Heller

Dec 29, 2013

It seems to make perfect sense that a strategy that involves buying stocks for less then the value of their current net assets would work out well.

I mean, in doing so an investor pays a negative amount for what the underlying business is worth.

But Ben Graham popularized this technique back when information on which companies were trading for less than their net current asset value was much harder to obtain.

Hedge Fund manager Johanthon Heller discusses the risks involved in investing in net-nets today:

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