Over a Period of 30 Years or So, in Managing

Multiple Choice

Over a period of 30 years or so, in managing investment funds, Benjamin Graham used the approach of investing in the stocks of companies where the stocks were trading at less than their working capital value. The average return from using this strategy was approximately

A) 5%.
B) 10%.
C) 15%.
D) 20%.
E) None of the options are correct.