Net nets

I used to use net nets mechanically and did not do that well. I switched using them as a screen, and then picking the best of the bunch based on fundementals. analysts estimates, revenue, current ratio, insider ownership, the business they are in, and I have done well. However, this is not a mechanical test. It is more of a feeling.


NetNets is a good screen when used carefully.

{NetNetsGrahamified_longhold} trailed the market from 2010 to 2016, and had higher CAGR in years 2017 to now.…