03-10-2014, 11:33 AM
I use the chowder rule, along with fast graphs, for a quick valuation before I decide whether to do more research or not. It was never intended to be an endall metric from what Chowder says. Also if you have read the book The Single Best Investment by Lowell Miller, the Chowder rule is based on that. Chowder just applies his numbers to their principles.