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Strategies & Market Trends : Value Investing

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To: Graham Osborn who wrote (56745)1/24/2016 6:15:41 PM
From: Paul Senior3 Recommendations

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Jurgis Bekepuris

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Every account I've read of Graham implies he would have been out of the market at these levels.

I can't recall reading that he would ever advise "Intelligent Investors" to be out of the market totally. Afaik, he counseled shifting between 75% stocks/25% bonds when market was cheap to 75%bonds/25% stocks when market was expensive.
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