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Charles Sunnucks: Value Investing

Money Tree Investing

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Is There a Difference Between Relative Value and Intrinsic Value?

There's this concept of relative or intrinsic value. Can you canno talk a little bit about that, and how kind of investors should be looking at that? I always have a preference for intrinsic value. A lot of i active investors returns have been poor relative to passive ones. And a lot of it's down to this infatuation with short term, short term multiples.

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