By Nick O’Connor – Southbank Investment Daily (Great Britain) –
Warning: the contents of today’s letter will not give you any advantage in predicting or trading the markets today, tomorrow, next week or even next year. If you’re interested in a short-term “edge” in the markets, just stop reading now.
But if you’re interested in being much, much wealthier in ten, 20 or 30 years’ time – if you’re investing not just for yourself, but your family – this letter could change your life.
I mean it. In fact, I can prove it.
By the way, Dan is away from his desk today, preparing for a conference call with Tim Price and The Price Report subscribers. If you subscribe and missed the call, there’ll be a recording available on the subscribers’ area soon.
Anyway, Dan’s absence explains why you’re stuck with me (Nick O’Connor) as I make wild claims about incredible long-term performance in the stockmarket. But wait. That claim isn’t as crazy as it sounds. I want to talk to you about the only approach to investing we can credibly make that claim about. By “credibly” I mean that we have evidence going back almost a century suggesting that it works, and works better than anything else out there.
It’s the same topic I expect Dan and Tim to be discussing in today’s call. Tim is a disciple of the great Ben Graham, who first developed the concept of value investing in the 1920s. Since then, there’s been an uncanny connection between people who use his ideas and extraordinary long-term success in the stockmarket.