The great value investment thinker, Benjamin Graham once said that “the underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to a significant changes in the financial mechanisms and climate.” So, in a world that’s rapidly changing, and at a point in history when the U.S. in decline and China is on the rise and the financial markets are unprecedentedly chaotic; what would the great Ben Graham do today?
Investment entrepreneur and global journalist, Jeffery Towson set out to modernize value investing in his provocative new book – What Would Ben Graham Do Now: A New Value Investing Playbook For A Global Age. For the value-obsessd investor, “the global investment landscape is anything but anxious and depressing. It is truly fascinating. And I suggest that if you are willing to walk out onto this new global terrain, you will re-encounter, as I have, those same original Intelligent Investor feelings…..These are truly thrilling and unique times.”
As Jeffrey like to say, “In China, there’s no time to waste.” They have the world to capture….