I learned about the private market value and the discounts and the intrinsic value. At the top of the market, they were paying 24 point five times earnings. And at the bottom they paid 13 point six times earning. So you know, if you start getting your discount, you can still go down. But i finally figured that out. There was a wonderful a service that i bought, calls grim's acquisition. It was bought by marro lynch. The minute you marry lynch bought it, you never heard from him again.
Arnold Van Den Berg is the Chairman and CEO of Century Management, and among the best investors in the world. In this episode, Arnold shares his experience in winning a losing hand, constructing a good life, and the power of subconscious mind.