“Our definition of value is not the one often taught in business schools.... Our definition of value is more expansive and includes any investment, whether growing or not, whose current price is materially below its underlying value.” —Seth Klarman
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Links - 10/28/2024
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“Our definition of value is not the one often taught in business schools.... Our definition of value is more expansive and includes any investment, whether growing or not, whose current price is materially below its underlying value.” —Seth Klarman