Richard Beddard writes about stocks Benjamin Graham would buy. Beddard focuses on U.K. stocks. If you use a discount broker who doesn’t let you place orders overseas, you probably think you’re saving money. You’re not. Cheap brokers cost Graham and Dodders money. Lost Benjamin Graham bargains cost more than commissions. My advice: switch brokers and read Beddard.
If Benjamin Graham was alive, he’d be in foreign micro caps. It’s easy to find cheap micros overseas. It’s hard in the U.S. Lots of American investors focus on cheap micros. You need to go where the competition ain’t.
Beddard writes well. There’s more muscle than fat on his prose.
He sticks to Orwell’s rules:
- Never use a metaphor, simile, or other figure of speech which you are used to seeing in print.
- Never use a long word where a short one will do.
- If it is possible to cut a word out, always cut it out.
- Never use the passive where you can use the active.
- Never use a foreign phrase, a scientific word, or a jargon word if you can think of an everyday English equivalent.
I would add another: Never use a pun.
If you’re looking for the best Benjamin Graham bargains in Britain, check out the Interactive Investor blog.