Sunday, November 26, 2006

Business Standard Article On Graham-Rao Method

The Smart Investor of 27 November 2006 has the article "The merit of value investing" in pages 6 and 7. The article can be accessed from address http://www.business-standard.com/general/storypage.php?&autono=265971. This article has the description of the method of analysis developed by me. The analysis was applied to BSE "A" group stocks in January 2003 and 38 stocks were identified as value stocks on the basis of earnings valuation criteria.

The portfolio of these value stocks was reviewed in August 2006 and November 2006. In both these months, the value portfolio outperformed the BSE Sensex. The performance up to November 2006 is described in the article. I came across the book by Graham and Dodd in 1984 or 85. It took almost 20 years for me to come out with a successful application of the ideas from the book. I am very happy to share the results of my research effort with all investors and potential investors.

Narayana Rao
NITIE, Mumbai
27 November 2006
11.05 a.m.

2 comments:

Manoj Makkar said...

Dear Sir,

I was very happy to see your Graham-Rao method in Business Standard. This method is like 'Ram-Ban'in today's Dalal Street for defensive investors.

Manoj Kumar Makkar

KVSSNRAO said...

Dear Manoj

Thanks for the comment. Hope you are doing fine.

kvssnrao