
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Value is discounted future cash flow, not earnings per share or return on equity.
“I read that book and the light bulbs all went off for me personally.” — Michael Mauboussin
Source: The Tim Ferriss Show #659 — official transcript
Recommended by: Michael Mauboussin, Mohnish Pabrai
Start from the share price and ask what results it expects a company to deliver.
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai
Recommended by: Mohnish Pabrai, Warren Buffett
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