Even today, eight years after this post was written, net nets are more prevalent than you think. Right now, I count a full 140 stocks (excluding financial services, mortgage REITs, and real estate developers) in the US currently trading as net nets. There are ~130 in Europe. Both China and Japan have even more. India has ~30. This is a big universe to dig into, even in today's frothy market, where net nets should be scarce.
Even today, eight years after this post was written, net nets are more prevalent than you think. Right now, I count a full 140 stocks (excluding financial services, mortgage REITs, and real estate developers) in the US currently trading as net nets. There are ~130 in Europe. Both China and Japan have even more. India has ~30. This is a big universe to dig into, even in today's frothy market, where net nets should be scarce.