Discover and read the best of Twitter Threads about #ValueInvesting
Most recents (2)
Moving away from looking for multibaggers meant One doesn’t try to identify stocks offering rapid PE growth that will be riding on short term EPS growth. 1/5
#MultiBagger #ValueInvesting
#MultiBagger #ValueInvesting
The earnings velocity created by shortages, near term biz disruptions & temp dynamics are mostly unsustainable. Convincing the world they are structural is not an honourable deed. Nor reflects decency. Most momentum is surreptitiously built to fool ordinary men. #MultiBagger 2/5
Look at industries where momentum is sought to be built. They will be less understood. Carry huge risks of disease and environmental damage. Non descript promoters. Building momentum is no accident. It is to a design. To fool institutions & retail in one go. 3/5 #MultiBagger
1/8 Einhorn laments death of #ValueInvesting. Big picture: Value's not dead but it's Growth's longest run on record at 11 yrs @NDR_Research 
2/8 Sluggish EPS growth means investors pay premium for stocks that can grow sales & EPS. Almost by definition, those are Growth stocks.
3/8 Value may come back when economy finally hits escape velocity
