Tag: value investing

The Munger Theory of Value Investing

The Munger Theory of Value Investing

I subscribe to Charlie Munger's view concerning value investing. "Value" does not necessarily equate to a low P/E multiple. Value investing in Mr. Munger's view consists of finding companies that in the future are likely to be valued significantly higher than they are presently. Too often companies that are valued at deep discounts to the … Continue reading The Munger Theory of Value Investing