159- When To Exit the Market: Intrinsic Value
InvestED: The Rule #1 Investing Podcast
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Buffet's Exit Into a Hot Market
Buffet's exit is so that he can go put his money immediately into something else. Ours, particularly right now, is to liquidate, to get the wash tub. We igt want to build our cash stock. So we're going to start liquidating companies that are at or near intrinsic value. And as it rises toward that value, be ready to exit.
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