Back to Value in 2012

2011 was one of the most difficult investment years that we have encountered but for me highlighted the fact that we need to go back to basics of investment and to stop following economists, news feeds and other fads..

Investment is a business activity and we need to get back to the basic principles of how to look at a business opportunity;

I am convinced that their will be Major opportunities in 2012 and will be looking for them following the principles as first outlined by Benjamin Graham, all those years ago in his classic: The Intelligent Investor

We will be following our guiding principles:

1. Margin of Safety
2. Buying a good business at a reasonable price
3. Owner operators
4. Strong balance sheet

etc.


I think that 2012 will bring buying opportunities that we might not see again for a generation..


Good Luck

And may all your trades and investments be prosperous in 2012..