“All intelligent investing is value investing – acquiring more than you are paying for. You must value the business in order to value the stock.”

— Charlie Munger

Disclaimer:

The content on this website is for educational/informational purposes only. Material is based on current public information that I consider reliable, but I do not represent it as accurate or complete, and it should not be relied on as such. My research is not an offer to sell or the solicitation of an offer to buy any security. It does not constitute a personal recommendation or consider the particular investment objectives, financial situations, or needs of individual investors. Investors should consider whether any advice or recommendation in my research is suitable for their circumstances and, if appropriate, seek professional advice, including tax advice. Past performance is a poor indicator of future results. mbkvalueinvesting.com shall not be liable for any losses caused to anyone by using any of the material on this website.