Good point.
This sounds too complex for me. I just run with the numbers. I have in the past run a program where I buy at certain low PEs (contrarian) and hold for set time periods that are pre-determined so as to remove my own emotion. I got this from a study Ben Graham did. It was not in Security Analysis or Intelligent Investor. It was an article written later that I have printed out but cant find ATM
A Contrarian Buy, page-64
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84.5¢ |
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