Re:Charlie Munger has died
by FredPret on Tuesday November 28, 2023 @06:00PM
(#38452775)
Most people buy exciting stocks, not cheap stocks (cheap relative to intrinsic value).
Value stocks are by definition boring and unknown. Think iron ore mines, regional banks, house builders, carpet makers, and other yawn-fest-profit-machines.
Re:Charlie Munger has died
by FredPret on Tuesday November 28, 2023 @09:41PM
(#38454789)
If it's well known and great value, it's got to be boring. For the most part, they're just completely unknown though - most people could name maybe 5 public companies, nevermind 100.
Value stocks are by definition boring and unknown. Think iron ore mines, regional banks, house builders, carpet makers, and other yawn-fest-profit-machines.