01-07-2023, 11:33 AM
(01-07-2023, 09:57 AM)i4value Wrote: So what are the challenges?
a) you have to understand businesses and learn how to value them
b) you do not follow the crowd so that when prices go up, you don't buy. This is a tough one from a behavioral perspective
After doing this thing for some time, I come to realize that the greatest challenge for "value investing" is actually differentiating between undervalued gems and overvalued value traps.
With regards to "value traps", what is your opinion on them?
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