New Line of ETNs Pay Homage to Benjamin Graham
August 12, 2008 at 04:00 AM EDT
Benjamin Graham, the forefather of value investing, is the inspiration for a few exchange traded notes (ETNs) based on his beliefs. The ETNs will seek to track companies with strong, liquid balance sheets, and must trade at a discount to the implied intrinsic value, says the provider, Deutsche Bank. John Spence for MarketWatch explains that Benjamin [...]