| No one ever wants to pay retail for an item, do | | | | ratio to other companies in the same line of business. |
| they? Even worse would be overpaying for | | | | This should only be used as a starting point for |
| something. When investing, you should have the | | | | seeking a stock. There may be a very good reason |
| same mind set. Follow an investor like Warren Buffett | | | | why the P/E ratio is low. Perhaps the company is |
| and invest in undervalued stocks. | | | | losing market share and has no prospects of turning |
| Warren Buffett has amassed over 40 Billion dollars by | | | | it around. Maybe the company had a one time bad |
| hunting for stocks that are undervalued. He is | | | | quarter and it looks like it will rebound. Do not just go |
| perhaps the best know value investor of all time. And | | | | off of the P/E. it's a good start, but you will need to |
| for very good reason. He purchased Berkshire | | | | dig more. |
| Hathaway stock back in 1965 for under $15. He did | | | | To try to replicate Warren Buffett's return, you need |
| so because the company had working capital of over | | | | to look at the assets of a company. As you saw in |
| $19 a share. This is a great example of buying a | | | | his example, he was able to find a company that was |
| stock at a discount. With Berkshire Hathaway cash, | | | | selling for less than the cash in the company's bank. |
| he began looking for similar bargain stocks. | | | | That's like buying a dollar for about 70 cents. Kind of |
| Fast-forward to 2010 and each share of Berkshire | | | | tough to lose money when you invest like that, isn't |
| stock class A stock (the original $15 a share stock) is | | | | it? |
| now worth over $125,000 each. How is that for value | | | | To succeed in investing is very hard to do. But by |
| investing? | | | | finding the right undervalued stocks can make help |
| How do you look for undervalued stocks? There are | | | | protect the downside of your portfolio while the |
| several ways to gauge a stock to see if it is a value | | | | upside will take care of its self. |
| stock. Some investors will compare its price earnings | | | | |