2 Comments
тна Return to thread

Pure cheapness only works in a systematic portfolio which is diversified. Stockpicker need to add something else.

I would add to your verdict that price (valuation) is still matters and should be at least reasonable because only in this case is your projected growth not already fully priced in.

Expand full comment

Yes, these stocks were still cheap on second look / with these earnings increases. If you would have bought them at 10x sales, it would not have worked

Expand full comment