Value Investing

It is important to know the difference between a good company and a good investment.

Dec
13

Those not familiar with the difference between a good company and a good investment often think the two are one and the same.  It is important to clearly understand the differences. 

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Howard Marks on how to become a successful investor

Dec
06

I keep going back to what Charlie Munger said to me, which is none of this is easy, and anybody who thinks it is easy is stupid.  It is just not easy.  There are many layers to this, and you just have to think well.

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