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The difference between the Dow 14K in 2007 and now, writes Marty Whitman in his shareholder...

The difference between the Dow 14K in 2007 and now, writes Marty Whitman in his shareholder letter, is the book value of the 30 stocks is 66% higher today. Of more importance, balance sheets are in far better shape. Today, the Dow sells for 2.75x book (stocks in his 3rd Avenue Value Fund are around 0.7%!) vs. 4.6x in 2007.
Comments (1)
  • faraon34
    , contributor
    Comments (10) | Send Message
     
    not for the HP stock
    4 Mar 2013, 04:16 PM Reply Like
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