Value Investing with Legends cover image

Jenny Wallace - Identifying Value at the Summit

Value Investing with Legends

CHAPTER

How Has Book Value for Value Investors Become Less Relevant?

Book to market has become less relevant for the value investor that they once were, so to speak. Cash is important because it leads you on a trail of understanding about a company. A company that generates excess cash can buy back shares undervalued and effectively shrink its share count where nobody cares.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner