Bank Stocks Below Book: Now Or Later?
- Sunday, November 6, 2011, 0:12
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Back in the 1930’s, John Templeton is said to have purchased all stocks trading below $1/share. This was based on his fundamental analysis which indicated that most stocks were cheap on a historical basis.
http://www.forbes.com/sites/johnnavin/2011/11/05/bank-stocks-below-booknow-or-later/