Preview. Written from general knowledge to guide your reading. It's replaced by full study notes once you record this chapter.
What to listen for
- How the enterprising investor selects stocks: a looser set of criteria, more work and looking for bargains the market overlooks.
- Listen for net-current-asset bargains and his small-company screens.
- Graham notes that by the 1970s such bargains were rarer, but they reappear in panics.
- Rule #1 link: compare with the Ten Cap and Payback Time prices.
Record this chapter
Read it (and Zweig's commentary) aloud, or record your own takeaways afterwards. Then upload the file as ch15.m4a (or ch15-part2.m4a, ch15-commentary.m4a, ch15.txt) to your private ruleone-library repo.