Key Facts and Insights
- The concept of 'Value Investing' is centred on buying stocks for less than their intrinsic value.
- Market fluctuations should be seen as an opportunity to buy low and sell high, not as a guide to the value of the stocks.
- Investors should always have a defensive attitude towards investing.
- Investing with a margin of safety reduces risk and provides room for errors, bad luck, or extreme volatility in the market.
- Diversification is not just a defensive strategy; it's essential for long-term growth.
- A stock is not just a ticker symbol or a numerical value, but...