The Net Net Investing Strategy is a classic value investing approach devised by Benjamin Graham over 50 years ago. It is a strategy that Warren Buffett used in his early days as an investor and it made him his first pot of gold.
You can watch a quick explanation of this strategy in this video:
Essentially, a net net stock has enough liquid assets to cover all the liabilities. If the company decides to close shop today, it can liquidate and have leftover money to return to the shareholders. And yet, the share price is selling below this liquidation value.
I did a stock screen based on 14 Apr 2020 data and ended up with 27 net net stocks after removing the stocks on SGX Watch List or S-Chips (PRC companies listed on SGX).
Here’s the list:
Row LabelsNet Net Per ShareShare PriceDiscount...