Book of Wise Investors

Benjamin Graham value investing principles pay handsome dividends to those who follow it, the most famous example of which is Warren Buffet. Given the large similarities between businesses and physical properties, it is clear that some principles can be ported when one is going to buy properties.

No one places 100% cash down when buying properties for investments, other than primary residence. Although the price of a physical property seldom drop to zero, unlike that of stocks where even for a well know blue chip like Enron and Lehman Brothers can fall, its price can still dropped in the short…