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15:58
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Originally posted by BK47
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I believe a discounted/adjusted NTA that reflects liquidation value is one way to calculate the potential downside of some investments... I also believe it is a "legitimate valuation method" and Warren Buffett, Benjamin Graham, Schloss and others agree with me on that one!
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You'll have to refer me to the section of The Intelligent Investor or other related publications by the big names where they say they are interested in speculative stocks that do not produce revenue...
