Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label intrinsic value risk of a business. Show all posts
Showing posts with label intrinsic value risk of a business. Show all posts
Thursday, 23 July 2009

Risk comes from misjudgement of a company's prospects, not price volatility

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Academics define risk as price volatility , and to counter that risk, they recommend holding a diversified portfolio . But to value invest...
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