Arnold Van Den Berg: Large company stocks are 27% undervalued May 4, 2006

GuruFocus posted a great article about Arnold Van Den Berg..........

"When adjusted for the interest rate environment using the 10-year Treasury bond, the chart shows that these large company stocks have gone from being 35% overvalued in 2000, down to 27% undervalued by the end of 2005. This is a 62% swing in value as measured by P/E's when adjusted for interest rates."

We agreed completely with this superinvestor, and that's why Lau Model Portfolio comprises of large undervalued companies.

Happy investing,
Dah Hui Lau (David)
dahhuilaudavid@gmail.com

To visit my archive: http://dahhuilaudavid.blogspot.com/2005/11/archive-of-dah-hui-laus-blog.html