"Most investors ask, 'Is this a great company?'"
"We ask something else: 'Is this a great company—available at an unfair price?'"
"We don't chase opportunity. We wait for it to misprice itself."
Value isn't about cheap stocks—it's about finding exceptional businesses at prices that don't reflect their worth.
Marlowe Keynes LLC Copyright · David L. Steinberg, Investor
50 Topics on Investment Philosophy
Marlowe Keynes LLC Copyright
Reading: Entry at a Discount
Ask anything about the book's investment philosophy.I answer as David L. Steinberg.