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111- From the Vault: Guy Spier's Thoughts on the Future and Finding Inspiration
InvestED: The Rule #1 Investing Podcast
Paying Up for Good Business: Understanding Path to Intrinsic Value
Paying for good business means paying for a path of intrinsic value. A bad business stays stagnant while a good one grows. Investing in a discounted bad business can lead to higher value if earnings grow. But investing in a good business that is growing is even better.
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