Links - 02/06/2024
“Buying great businesses at average prices is as much value investing as buying average businesses at great prices. The idea that every business trading at a low P/E, P/B, P/anything ratio is a ‘value stock’ is just plain stupid. Some businesses are truly inferior and deserve to sell at low multiples.” —Bill Nygren [Source]
Piecing Together Berkshire Hathaway’s 1986 Annual Meeting (LINK)
Pods, Passive Flows, and Punters - by Drew Dickson (LINK)
Value After Hours Podcast: S06 E05: John Huber on deep value stocks, compounders, neversell and concentration (video) (LINK)
