Ep 368. Favorite Buffett Lessons, Yield Curve, Inflation, Management Teams, & Matching a Style to Your Personality
Focused Compounding
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I Like Sleepy Stocks
I like the stocks that is, just as usual, sleepy. The shares don't turn over much, so you don't get all these speculative traders coming in. I just like sleepy, overlooked a companies like that. We also tend to buy at low multiples,. but that is a combination that's fairly common. Reasonable multiple, but actually not that far from all time highs, as opposed to near all time lows.
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