Tweedy Browne Updates "What Has Worked In Investing"
Tweedy, Browne has compiled a complimentary booklet entitled What Has Worked In Investing. It describes over 50 academic studies of certain investment criteria that have produced high rates of return. In the studies included in What Has Worked In Investing, exceptional returns were found for stocks with one or more of the following investment characteristics: low stock price in relation to book value; net current assets; earnings; cash flow; dividends or previous share price; small market capitalization and a significant pattern of stock purchases by one or more insiders (officers and directors), or by the company itself.