Adventra09 Roger's method for intirinsic valuation is a Graham model. This means that past and current valutuation does not change. Future valuation does change based on news, analyst reports, future EPS expectations etc but this is rare and you would have to expect that bad/good news would affect valuations. If it didn't something would be wrong.
Graham valuation method works better with some companies/industries then others and addmittedly companies which sell a commodity's future valuations are less reliable. But when is that ever not the case.
As for not being in the market. Roger runs 2 managed funds which have out performed the market/other fund managers considerably.
HOG Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
