
Rob Campbell, Mawer – Dead Reckoning: Investing Lessons from the High Seas
The Best Investment Writing
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Understanding Investment Value and the Impact of Overpayment
This chapter explores the complexities of discounted cash flow models and the biases that can lead to errors in valuation. By examining hypothetical companies, it emphasizes the significance of understanding intrinsic value and the quality of business models in making sound investment choices.
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