“Part of investing and calculating intrinsic values is if you get the wrong answer when you get through — in other words, if it says don’t buy, you can’t buy just because somebody else thinks it’s going to go up or because your friends have made a lot of easy money lately or anything of the sort. You have to be able to walk away from anything that doesn’t work. And very few things work these days. You also have to walk away from anything you don’t understand.” —Warren Buffett
Links - 12/18/2023
Links - 12/18/2023
Links - 12/18/2023
“Part of investing and calculating intrinsic values is if you get the wrong answer when you get through — in other words, if it says don’t buy, you can’t buy just because somebody else thinks it’s going to go up or because your friends have made a lot of easy money lately or anything of the sort. You have to be able to walk away from anything that doesn’t work. And very few things work these days. You also have to walk away from anything you don’t understand.” —Warren Buffett