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How to Choose a Company That Looks Cheap
If earnings are on a long term perpetual decline, it doesn't matter how cheap it is, right? It's going to go bankrupt eventually. You've really got to be careful about what you're using as like the peers to compare it with. And if you just rely on that kind of marquee management or famous investors, it don't necessarily mean that company's going to turn around. This is what Warren Buffett started off doing when he was buying stocks early on.