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27-07-2023, 03:31 PM
I think my post ( https://www.valuebuddies.com/thread-9243...#pid168519
) is more suited for this 10 year old thread, unfortunately no permission to delete and move it here.
Upon reflection and having paid various tuition fees to the market, personally I am more or less convinced the intended approach of value investing is as what Seth Klarman described : earnings power & growth possibilities. Along the way, I learnt that the approach is as demanding as a full-time job.
) is more suited for this 10 year old thread, unfortunately no permission to delete and move it here.
Upon reflection and having paid various tuition fees to the market, personally I am more or less convinced the intended approach of value investing is as what Seth Klarman described : earnings power & growth possibilities. Along the way, I learnt that the approach is as demanding as a full-time job.