Do hard assets offer real value?

There are two schools of thought about whether assets matter to investors. One, they do. Or two, they don’t.Steve Johnson, chief investment officer of Forager Funds, is in the assets matter camp, saying that, “good things tend to happen to companies with lots of assets. They get taken over. They start using the assets efficiently. Or the assets get sold to someone who can earn a return on them.”Investors like Steve hope to nab a bargain by seeking out stocks trading below net tangible assets (NTA) per share. The theory is that this figure reflects hard assets – the type...

There are two schools of thought about whether assets matter to investors. One, they do. Or two, they don’t.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles