How Do NCAV Stocks Perform When Buffett's Favorite Valuation Indicator Is Expensive?

How Do NCAV Stocks Perform When Buffett’s Favorite Valuation Indicator Is Expensive? via  Victor Wendl, author of  The Net Current Asset Value Approach to Stock Investing: A Guide to Purchasing Stocks Trading below Liquidation Value Warren Buffett, a former student and employee of value-investing pioneer Benjamin Graham, commented recently on how expensive the overall stock market is currently. One of the metrics Buffett uses to describe the valuation of stocks is to compare the market value of stocks to the size of the U.S. economy. The metric used to measure the size of the economy is the Gross Domestic Product (GDP).  Sometimes…