Over the long term, investment return is more a function of business performance than valuation, unless the valuation goes extreme.
More effort should be put into identifying good businesses and buying them at reasonable valuations.
Investors should not be obsessed with the valuation calculations. All calculations involve assumptions. They are valid only if the underlying businesses perform as expected.
More effort should be put into identifying good businesses and buying them at reasonable valuations.
Investors should not be obsessed with the valuation calculations. All calculations involve assumptions. They are valid only if the underlying businesses perform as expected.
qqq3
Quality first, then Value - investbullbear
kc....its working......everybody singing my tune...I am proud......
2019-05-20 19:48