AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Second Market Tenant of Value Investing
Many people like to categorize companies into two camps, Value Investors vs Growth Investors. Buffett says that the debate between the two schools of thought is nonsense and that growth and value investing are joined at the hip. All it really comes down to is whether the intrinsic value is trading well below the market price for him to consider buying it or not. The final piece of the puzzle is to ensure that you are purchasing the company at a sensible price.