"Take a simple idea, and take it seriously." -- Charlie Munger
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The idea is part of this collection:
Learn more about moneyandinvestments with this collection
How to prioritize tasks effectively
How to manage your time efficiently
How to reduce stress and anxiety
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Similar ideas to The Core of Investing
Popularized by investors Benjamin Graham & Warren Buffett, value investing is about buying something for less than it is worth. It's based on this idea that you can find undervalued companies (companies with low P/E - price per earnings). It's hard to do it these days:
We all have some idea of how much our time is worth. On extreme ends, it is easy to know if a task is worth your time. For instance, if someone offers you $0.07 per hour and another $7,000 per hour, you would have no problem to decide.
However, in the middle of the time-value spec...
Some people think that gold has no intrinsic value and that gold's only worth is as a material to make jewellery. Others assert that gold is an asset with various intrinsic qualities that make it unique for investors to gather in their portfolios.
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