Peter taught me this rule, that a famous investor Ben Graham showed you can invest in “net net’s”:http://www.allbusiness.com/accounting-reporting/reports-statements/367332-1.html which are true value-oriented stocks. That is, invest in stocks that are trading at 65% of net curretn asset value (NCAV = current assets minus all liabilities include long term debt and preferred). Basically, you are paying…