Seek Great Businesses at Fair Prices
Most investors are either chasing hot stocks or looking for cheap stocks. The one bit of wisdom that shapes my stock picking is from Charlie Munger: “A great business at a fair price is superior to a fair business at a great price.” That captures the essence of how good stock picking should be done.
Jay Srivatsa CEO, Future Wealth LLC
https://venturecapitalists.io/qa/what-unconventional-wisdom-guides-your-analysis/