AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Impact of Value Investors on the Market
In a scenario where all stock participants were true value investors, the market would not function well as no one would want to sell stocks at a huge margin of safety. If everyone invested like Li Lu, there would be minimal interest in purchasing IPOs and getting public company shares traded on the market. Li Lu's success in value investing led him to start his own firm, inspired by Buffett and Munger's advice to run one's own company. He extensively researched companies using ValueLine, reading detailed information on various companies.