I hope you got a chance this weekend to review or catch up on what we have covered so far by reviewing the 30 Days to Becoming a Better Investor daily summary. The Graham reading list should also have kept you pretty busy. I’m still reading through it myself.
Tonight, I have another treat for you. Phil Town recently wrote a post on how to know if your advisor is smart. Phil walks you through how you can evaluate the value of a company in your head when someone offers you a stock. You can quickly tell if your adviser is trying to pawn off a clunker of a stock on you or whether he or she might be on to something using Phil’s method.
As Phil wrote, “If… you are getting recommendations that turn out to be wonderful businesses at attractive prices, hey, tell me who these guys are, too!”