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57 sats \ 2 replies \ @TNStacker 16 Jan \ parent \ on: Benjamin Graham and How to Invest Like a Legend (TDE, Joakim Book) BooksAndArticles
Are you saying people don't need to have the ability to perform financial analysis on a small chain of plumbing businesses because why again? Perhaps a degree in Finance won't let me see your arguments.
If you're not analyzing cash flows what are you even doing? 🤣
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40 sats \ 1 reply \ @denlillaapan OP 16 Jan
No, I'm saying they have the same problem as public markets.
Graham's criteria or approach won't work in stock market anymore (if they ever did) precisely because of monetary premium and the liquidity flows getting things out of wack.
Via VC and private equity investing, that money spills over into the plumbing business etc as well.
Everything tainted.
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40 sats \ 0 replies \ @TNStacker 16 Jan
This is true. But I find one has to constantly adapt - looking for the missed, local opportunity.
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