Philip L. Carret — the man Warren Buffett called "The Hero of Investing" — had some very prescient instructions for the modern Value Investor in his 1930 book, The Art Of Speculation.
The Net Current Asset Value (or Net-Net) strategy of Benjamin Graham — Warren Buffett's mentor — is the most misused technique in his Value Investing framework today.
While appearing theoretically sound and fundamentally safe, option trading strategies such as Covered Calls posses the same shortcomings as other short-term market timing activities.
Fundamental truths and core principles of investing don't change. Only their application evolves with time, say famed value investor Warren Buffett and his mentor Benjamin Graham.
John Clifton "Jack" Bogle — founder and former chief executive of The Vanguard Group — gives five simple principles for Investing at the World Affairs Council of Philadelphia event in 1997.