Hello,
Graham says in the Intelligent Investor (Fourth Revised Edition published in 1973) that "let us suggest that to be “large” in present-day terms a company should have $50 million of assets or do $50 million of business.*"
On the same page footnote says "* In today’s markets, to be considered large, a company should have a total stock value (or “market capitalization”) of at least $10 billion."
I checked market capitalizations of the companies on the screener, and in the defensive category none of them reach $10 billion on the first 15 page. Am I missing something? Is there a method to filter by market cap?
Thank you for your answer in advance!
Submitted by andrasszalaidr. Created on Friday 8th April 2022. Updated on Friday 8th April 2022.
AA Grade Bonds
Dear andrasszalaidr,
Graham specifically wrote:
Please note:
The Financial Times has some data, but there does not appear to be a comprehensive global database of bond yields. If you find one, please do share it here.
Thank you for your comment!
AA Grade Bonds data
Dear GrahamValue,
Thank you for you answer.
Indeed, there's no global database for AA corporate bonds. I recommend to google search for "corporate aa bond average yield" + name of the country. If "10-year" is included in the search text, almost only government bonds will pop up in the search results.
Thanks again!