Login below to view the full article
Abstract
This article presents a value-investing heuristic based on a set of financial ratios rooted in Graham and Dodd’s [1934] definition of investment. We show that, by using this heuristic, an investor will avoid 100% of companies that become insolvent or experience some form of financial distress.
- © 2015 Pageant Media Ltd
|
Don’t have access? IPR Journals is the leading provider of applicable theoretical research for all those in the investment management community. Benefit from access to our content including:
|
Log in using your username and password
In this issue
Avoiding Financially Distressed Companies Using a Value Investing Heuristic
Jump to section
Cited By...
- No citing articles found.