This chapter explores the distinction between the value and price of a business as highlighted by experts like Warren Buffett, emphasizing that price reflects the cost while value represents the true worth. It also emphasizes the significance of evaluating a business's actual value through its cash flow and the multiples that govern deals in both public and private sectors.
The price of a stock doesn't mean that it equals value. Is diversification a myth? What is margin of safety? For show notes and more information visit www.ruleonepodcast.com
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