Algoma Central & Stella-Jones Demonstrate Two Different Approaches To Value Investing

Algoma Central & Stella-Jones Demonstrate Two Different Approaches To Value Investingby George Athanassakos, The Globe And Mail Not all value investors are the same. Those who follow the Ben Graham (or early Warren Buffett) approach tend to be opportunistic – they buy and sell all the time. Those who follow the (contemporary) Buffett approach tend to be long-term investors – they buy and hold. Irrespective, however, of which bucket they fall into, they all follow, in general terms, the same three-pronged process. First, they screen stocks by a number of metrics to identify those that are possibly undervalued. Second, the…