Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
The Lost Book of Sales
FEBRUARY 1, 2021
As a securities investor, you can watch all sorts of business propositions in the form of security prices thrown at you all the time. At best, they are merely the beginning of a proper calculation of intrinsic valuation, not the end. to determine an approximate value per share to compare to market prices.
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