Phil: I can be quite certain in saying that we will continue to have major fluctuations sometime the next 50 years will be another financial crisis. He says there are companies whose path on intrinsic value is very flat and others with a rocket ship. "I just want to get to that state of mind but only in companies that are valued at a price to lower than their value"
For show notes and more information, visit www.investedpodcast.com This week on our from the vault episode, we wrap up our review of value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. We’ll ask Guy who he looks to for inspiration and discuss the fear that can accompany buying stock.
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