Over a period of thirty-odd years in managing investment funds,Benjamin Graham used the approach of investing in the stocks of companies where the stocks were trading at less than their working capital value.The average return from using this strategy was approximately _____.
A) 5%
B) 10%
C) 15%
D) 20%
E) none of these

Question

Quizplus · Accepted Answer

Benjamin Graham's strategy of investing in stocks trading below their working capital value, known as "net-net" investing, historically yielded an average return of approximately 20%.

Over a Period of Thirty-Odd Years in Managing Investment Funds,Benjamin