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347- The Net-Net Strategy Explained
InvestED: The Rule #1 Investing Podcast
Buffet's Cigar Butt Investing Strategy
Dimon: buffet called this cigar butt investing. You're picking up cigar butts off the ground that have a few puffs in them, but they're virtually free. O you're buying the company for less than the liquidation value of the so they're kind of free in that way. Of course, you can't count on the company being liquidated. The people running it have too much of a vested interest in just getting that pay check until there's no more money. So anyway, diman get all off on the bit coin here. But, but, butwhas you are talking about the different investing strategies, the net, net, and then the way buffet changed
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