How To Make Money In This Market: Buy Companies That Are Worthless
Authored by Mike Shedlock via MishTalk, Companies with tangible net value of less that zero have increasingly outperformed the market for decades. Bloomberg comments Capitalists Without Capital Are Ruling Capitalism Some 40% of public stocks quoted in the U.S. have negative tangible book value,meaning that their tangible assets aren’t worth enough to repay all their debt. Two … Read more