At Global Investing Insight we examine the evidence with the objective of determining its reliability and robustness. Specifically, we focus on examining the investment research published on Net Nets.

Some of our research articles have also been published by Alpha Architect on their highly acclaimed finance research blog.

Research Articles

A Review of Ben Graham’s Famous Value Investing Strategy: “Net-Nets”

Gaurang Merani

1 min

A Review of Ben Graham’s Famous Value Investing Strategy: “Net-Nets”

Each of the studies we analysed, suffered, or may have potentially suffered from biases which adversely impacted their reliability.

Examining “Ben Graham's Net Nets: Seventy-Five Years Old and Outperforming”

Gaurang Merani

14 min

Examining “Ben Graham's Net Nets: Seventy-Five Years Old and Outperforming”

From a practitioner’s point of view the reported returns are overstated and illusionary.

An Analysis of “Testing Benjamin Graham’s net current asset value model”

Gaurang Merani

10 min

An Analysis of “Testing Benjamin Graham’s net current asset value model”

Even over a 14 year period investing in firms trading below NCAV may not provide immunity from a low return environment.

Examining “An Empirical Analysis of Ben Graham's Net Current Asset Value Rule”

Gaurang Merani

7 min

Examining “An Empirical Analysis of Ben Graham's Net Current Asset Value Rule”

The short examination period and return methodology, among other items, calls into question the reliance that can be placed on this study.