A friend recently recommended Phil Town's "Payback Time" and "Rule #1 Investing" books (links below). Essentially it outlines a method for finding value based investment opportunities. I've read the books and enjoyed reading about specific metrics to look for that indicate a stock is under priced. It is definitely not MM's method, but now that I'm digging into it I'm wondering if; any of you guys have read the books, any of you guys use the strategy to select investments, and what do you think about it?
https://www.amazon.com/gp/product/0307336840/ Rule #1 (his first book)
https://www.amazon.com/gp/product/1847940641 Payback Time (his second book)
https://www.amazon.com/gp/product/0307336840/ Rule #1 (his first book)
https://www.amazon.com/gp/product/1847940641 Payback Time (his second book)