In July 2008, I analyzed the Dow Jones Industrial Average (“DJIA”) to determine its overall valuation. Since then, it has risen to 16,424.85, a rise of 44%. But as I was looking through the archives to select a topic for this Throwback Thursday, I wondered how did the components that were rated well by the ModernGraham valuation model end up working out? Did they beat the DJIA? That’s what we’ll look at today.
Tag: ThrowbackThursday
Throwback Thursday: 3M (MMM) in 2008
One of the first valuations I wrote utilizing the updated model was on 3M. This week as part of Throwback Thursday, we will look at how 3M has done since that 2008 valuation.
Throwback Thursday: A Look Back on the Bargain Basement Portfolio
New on ModernGraham is a look at old posts on Throwback Thursdays. Back in 2009 at the depths of the bear market, we created the Bargain Basement Portfolio, a mock portfolio that sought to invest in companies trading below their Net Working Capital. Here’s a look back at how it has performed since its last review.