Net Net Hunter

Grow Your Portfolio By 25%+ Using Graham's Classic Net Net Stock Strategy

Ben Graham's net net stock strategy has shown outstanding returns since the 1930s and it was developed for small investors like you and me.

1. Academic studies have shown returns from 20 to 42% per year depending on the kind of net nets you focus on.

2. The strategy works by focusing on buying financially solid companies that have been beaten down to rediculously cheap prices.

3. Net nets are found among the market's smallest companies, allowing small investors to completely sidestep sophisticated professional competition to earn outstanding returns.

4. This strategy is simple. If you can multiply and divide then you can use Graham's net net stock study to earn great returns.

16 (Unconventional) Steps to 25% Annual Returns

What's Inside the Net Net Stock Guide...

1 Net Current Asset Value Investment Defined

2 Six Exceptional Net Net Stock Studies

3 Why People Avoid Buying Net Net Stocks

4 My Own Net Net Stock Portfolio Returns

5 Why Does Net Net Stock Investing Work So Well?

6 My Core7 Scorecard: The Foundation of My Strategy

7 My Attitude Towards Money Losing Net Net Stocks

8 Why Chinese Stocks Are Financial Poison

9 How Burn Rate Reduces Risk and Increases Profit Potential

10 Market Cap: Don’t Kill Your Small Investor Advantage

11 How the Penny Stock Prince Could Butcher Your Portfolio

12 How Insider Ownership Leads to Massive Returns

13 GTSI Corp’s Obvious Catalyst Earned Me 85% in 5 Months

14 How Debt Killed Albemarle & Bond Holdings

15 Share Buybacks: Befriend the Cannibals

16 Case Study: The Perfect Net Net Stock

...and Other Essential Info

I'm Evan Bleker

I’ve spent the last 6 years completely obsessed with net nets, trying to figure out how to leverage the strategy to earn the highest possible returns while minimizing risk. Now I’m making everything I’ve learned available to you through Retire Young & Rich.

A growing number of smart value investors are waking up to the fact that it doesn’t pay to invest without capitalizing on the powerful structural advantages that come with small size.

Even 10 years ago, the advantages of small portfolios weren't widely recognized and most retail investors destroyed their chances of long term outperformance by following the pros into large cap stocks. Astute readers of Graham & Dodd, however, have always recognized that real opportunity exists in out of the way areas of the market — areas not open to Wall Street.

By far the best opportunity is the net net stock strategy developed by Ben Graham in the 1930s. Both a growing body of research and a mountain of practical experience since then have shown the power of net net stocks as a wealth building strategy.

What Will You Learn?

Full Overview of Net Net Investing

NCAV, NNWC, or net nets? Gain a solid understanding of what net net stocks actually are through concrete examples.

Get the Mechanics Behind Our Scorecard

Our Scorecard lays out the bare facts, but Retire Young & Rich shows you how and why we do what we do through 97 pages of thorough discussion.

Uncover Their Secret Hiding Spots

Net Net stocks only surface in specific areas of the global markets. Learn where these are, why it happens, and how this gives small investors a powerful advantage.

Witness Real Life Investment Performance

I’ll show you exactly how I have done with my own net net stock portfolio as well as the major mistakes I’ve made.

Discover the Research Behind Net Nets

We highlight 6 major studies covering 39 years worth of data to show you how these stocks do in different time periods in different markets around the globe.

Eavesdrop on Real Life Research Analysis

Peer in on two detailed research studies covering 26 pages to see exactly what goes through my mind when picking my own net net stocks.

What Professional Investors Say About Net Net Investing

Walter Schloss on Net Net Investing

"[Ben Graham] liked intellectual challenges. I think Wall Street was a challenge. Then, he discovered that he could make good money by just buying stocks at 2/3rds of their working capital. ...After he found out he could make good money this way, he kind of lost interest."

- Walter Schloss, Outstanding Investor Digest, March 6th, 1989.

Warren Buffet on Net Net Investing

"My cigar-butt strategy worked very well while I was managing small sums. Many dozens of free puffs I obtained in the 1950s made that decade by far the best of my life for both relative and absolute investment performance."

- Warren Buffett, Berkshire Hathaway’s 2014 Annual Letter

Benjamin Graham on Net Net Investing

It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks at a price less than the applicable net current assets alone—after deducting all prior claims, and counting as zero the fixed and other assets — the results should be quite satisfactory.

— Benjamin Graham, The Intelligent Investor, 2003

Answers to Your Questions

Net nets are tiny illiquid companies with large bid ask price spreads. How do you overcome these problems?

Good question! Retire Young & Rich will show you how to completely side step liquidity problems and large bid ask spreads to put together a portfolio of high potential stocks. While this is a common concern, the solution is very simple.

Does Retire Young & Rich come in a physical or audio format?

Unfortunately, no. While I’m open to offering this in the future, right now it only comes in digital format. I selected a PDF format so you can use the guide on your phone, tablet, or computer.

If I buy it, can I get a refund if I don’t like it?

Unfortunately, due to the nature of the product, no refunds are given.

If you’re unsure whether it’s worth purchasing, remember that the investment profits you could inevitably make could amount to hundreds of thousands of dollars, while you would only lose $70 if it didn’t work out. That’s a smart bet.

Do I have to buy international stocks? I have no experience buying foreign stocks so I’m worried.

You don’t have to buy international net nets, but your returns will suffer significantly if you don’t. The best net net stocks are often located internationally and you will only have a handful of net nets to choose from if you stick with domestic stocks. Buying and selling foreign stocks is no different from buying stocks in your own country. I include examples of foreign stocks I’ve bought in Retire Young & Rich.

Won’t foreign stocks take longer to rise back up to NCAV and underperform US stocks since there is less interest?

No, but this is a common misconception. In my Retire Young & Rich net net stock guide, I discuss research papers that have dissected the returns of international net nets. The results are fantastic. A much bigger concern is not having enough high quality net nets to invest in because you’re sticking with your own domestic market.

Will this guide focus on penny stocks or will you show us how to find net net stocks trading above $1?

Actually, I’ll show you why you should ignore the term “penny stock” and just focus on the quality of the investment opportunity instead. In the end, it doesn’t really matter if the shares are priced above or below $1 so long as you are focusing on great investment opportunities backed by solid value.

It is psychologically hard to look past the ugliness of net net stocks since they're very small & beaten down. Will you show me how to find net net stocks of good companies?

All net net stocks look ugly. You will never find a good company trading below net current asset value because these insanely cheap valuations are the result of small size and business problems. In Retire Young & Rich I’ll show you why ugly stocks produce beautiful returns. Expect between 70 and 80% of firms to work out. Ultimately, this success rate has helped net net stocks return between 20 and 42% over the long run.

What returns can I actually expect using this strategy? 20 to 42% returns sounds far fetched.

It’s all up to you! If you want the best returns, returns near 35%, you have to put a significant amount of work into screening your net net stocks and identifying the best candidates, then execute the strategy well. If you lack the skill to do in depth research, put together a diverse basket of net net stocks. This strategy should produce average annual returns of 20%+ over the long run and will be much easier to execute.

In both situations, learning, developing strong emotional intelligence, and executing the strategy well are critical to your long term results. Retire Young & Rich will help you learn the strategy, and I help Net Net Hunter members develop emotional intelligence and apply the strategy well.

How does this strategy do in bear markets?

It really depends on what the overall market does. Net nets tend to return 10 to 15% above the market return, as a group, but with market drops greater than 20% they tend to match the market on the downside. The nice thing about net net stock investing, though, is that we’re always concentrating our holdings in beaten down markets. This limits the size of market drops in the markets we’re invested in.

I have read your articles and academic papers but it is difficult to execute.

I agree, it can be. The best thing for you to do is to join Net Net Hunter, rather than buy the net net stock guide, so I can help you execute the strategy.

I don't have the circle of competence necessary to invest in net net stocks in various sectors. In fact, I don't even know what I don't know.

This is a different sort of investing than Buffett’s modern buy-and-hold-forever strategy. In fact, since you’re diversifying heavily and leveraging the group returns, you don’t have to know much at all about the company or the company’s industry. This is a mechanical investment strategy, which is a huge advantage for small private investors.

Because of the frequency of trading, doesn't investing in net net stocks require you to pay a lot more tax, which in turn lowers your overall returns vs. the same returns in a tax-efficient strategy?

If you have Warren Buffett like skill, can find good growing companies trading at a large discount before everybody else does, and a history of 20%+ yearly returns, I advise you to stick with Buffett’s contemporary buy-and-hold-forever strategy. I don’t have Buffett’s skill, so the best thing for me to do is to adopt the best mechanical investment strategy possible. That’s strategy is Graham’s net net stock strategy. Using the strategy should help me nail down average annual 25% returns after tax over the course of my life.

Only a small number of money managers beat the market by a large margin by buying great companies, and even Seth Klarman doesn’t think he can do it. Before deciding how you should invest, you need to take an honest look at yourself and ask if your own skills are within the top 5% of professional money managers. If not, adopt a mechanical investment strategy.

If the best professional money managers only earn 15% returns at best, how on Earth do you expect to earn 25% returns?

Academic studies and industry white papers have shown that the average return of net net stocks as a group over the long run is between 20 and 42% per year. I highlight these studies in my Retire Young & Rich net net stock guide. By leveraging the statistical performance of net nets as a whole, buying only those net nets with characteristics strongly correlated with outperforming net nets as a group, and executing the strategy well, at minimum I expect to achieve a return in line with the bottom range of net net stock returns, or roughly 25% over the long run.

Testimonials From Readers

Franklin Fuentes

Evan sent me a pre-release copy of his book. At the time, I had no idea what a net net stock was so I’m amazed how much I’ve learned in such a short amount of time.

Daniel Pickens

True to form, Evan’s clear and detailed writing really helps the reader understand pretty complicated financial concepts

Joseph Gerocs

This has become my go to handbook for net nets. It starts with the most basic ideas and builds on them step by step to get to a very good understanding of how to invest.

Don't Wait – You Only Have One Life

Imagine how you would feel at the age of 60 knowing that you could have invested in Benjamin Graham's most profitable investment strategy, but didn't. Don't waste this opportunity. The amount of money that you'll inevitably make off of even just one of our stock ideas would be enough to pay for membership for years... and we've identified nearly 30 fantastic investment opportunities. Don't wait, get instant access to the Net Net Stock Guide.