The Intelligent Investor
What You Will Learn
00:00
The Importance of Price Earnings Ratios
If inflation goes up, that means the value of your cash has gone down. So on the other side of the equation, if you've got debt, the value of that debt also goes down. It's a good way to decrease your debt. Another thing that he talks about is this idea that you can find a really, really great asset, but it can still be a bad buy.
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