“It is crucial to have a strategy in place before problems hit, precisely because no one can accurately predict the future direction of the stock market or economy. Value investing, the strategy of buying stocks at an appreciable discount from the value of the underlying businesses, is one strategy that provides a road map to successfully navigate not only through good times but also through turmoil.”
Quote by Seth Klarman
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“If a business is not ethical, it will fail, perhaps not right away but eventually.”
Source: The Intelligent Investor: A Book of Practical Counsel
