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Michael Mauboussin – Active Asset Management - [Invest Like the Best, EP.02]
Invest Like the Best with Patrick O'Shaughnessy
Is There a Value Investing Strategy?
The idea of a value investing strategy as not relying on the future, which is so hard to know. You're basically not paying for the future at all. And maybe less absolutely and by the way, you know legate clumby business school, bruce greenwall, he often says, valuation the way he would teach it would say, start with the balance sheet.
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