underscored

@underscored

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Tag:value-investingClear

The stock market is filled with individuals who know the price of everything, but the value of nothing. A great company is not a great investment if you pay too much for it — and a mediocre company can be a fine investment if you buy it cheaply enough.

Philip Fisher, Common Stocks and Uncommon Profits (1958)
1d ago

The big difference between what I do and what a lot of people in the hedge fund world do is that I actually think about the economics of the business, whereas a lot of people are just trying to make a quick buck.

2mo ago

Underscored — save the words that stop you in your tracks.

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