Sentences with phrase «represent meaningful discounts»

The common stocks were acquired at prices that represent meaningful discounts from estimated NAVs.

The principal way that the Fund attempts to put the odds in its favor is by acquiring the common stocks of well - financed companies at prices that represent meaningful discounts from readily ascertainable net asset values.

Most of the issues acquired by Third Avenue Funds have been acquired at prices that represent meaningful discounts from estimated NAVs.

A majority of the Fund's equity investments are in the common stocks of companies that are extremely well capitalized and which have been acquired at prices that represent meaningful discounts from readily ascertainable NAVs.

The Fund's «Safe and Cheap [1]» approach to common stock investment encompasses consideration of four factors: super strong financial positions; reasonable managements; understandable businesses; and a price that represents a meaningful discount from our estimate of what the security would be worth were the business a private company, or a takeover candidate.

The usual buy trigger for Third Avenue is where the common stocks of well - financed companies are available at prices that represent a meaningful discount from readily ascertainable net asset values.

Although the rule of thumb is that a company won't go public, and probably can't go public, if a common stock issue can be priced only at or below private business value, once a typical, private company does go public, it ordinarily does so at a price which represents not only a substantial premium over private business value but, more importantly, also represents a meaningful discount, usually based on comparative analysis spread sheets, from anticipated market prices for the new issue.

Over 80 % of the Fund's common stock portfolio are in the issues of extremely well - capitalized companies that were acquired at prices, which at the time of acquisition, represented meaningful discounts from readily ascertainable net asset values.