Very sound teacher. He speaks like a true investor yet most people can comprehend his points. One of the best people to follow to learn the market imo for retail traders yet teaches people from hedge funds or students soon to be at institutions
I agree with the prof that by adding a margin of safety one might miss undervalued stocks in as much or more occurrences as one would avoid overvalued ones but one should also apply an impact factor on each event. I.E. for me the impact of buying something overvalued is much greater than missing something undervalued (loosing money vs not making on this particular opportunity) because I do not need to buy every undervalued stock but I want to avoid every overvalued one - in other words I am fine missing most undervalued stock as long as I can buy 5 of them and if I avoid every overvalued one - I will do fine. That is on top of the notion of the degree of over or undervalued. The more overvalued a stock is a margin of safety is more effective in avoiding it. The more undervalued a stock is - the less probable is the margin of safety would cause one to miss it. Hence the expected return impact is asymmetric. Thanks for the conversation.
Very sound teacher. He speaks like a true investor yet most people can comprehend his points. One of the best people to follow to learn the market imo for retail traders yet teaches people from hedge funds or students soon to be at institutions
I would love to hear aswath's opinion on the etf AVUV and american centruy investments/avantis
Time Stamps would make a big difference
Bro delivered
Wonderful interview & discussion. Thank you!
I agree with the prof that by adding a margin of safety one might miss undervalued stocks in as much or more occurrences as one would avoid overvalued ones but one should also apply an impact factor on each event.
I.E. for me the impact of buying something overvalued is much greater than missing something undervalued (loosing money vs not making on this particular opportunity) because I do not need to buy every undervalued stock but I want to avoid every overvalued one - in other words I am fine missing most undervalued stock as long as I can buy 5 of them and if I avoid every overvalued one - I will do fine.
That is on top of the notion of the degree of over or undervalued. The more overvalued a stock is a margin of safety is more effective in avoiding it. The more undervalued a stock is - the less probable is the margin of safety would cause one to miss it. Hence the expected return impact is asymmetric.
Thanks for the conversation.
WB rule #1: Don't loose money ( either buy bad biz or good biz at too high price)
Great discussion
Well done guys! One of the best guests I've seen on an Aus finance podcast 🎉. He also posts all his lectures from NYU on UA-cam
Good one lads
Amazing wow
Bought nvidia when it was to be over priced. I thought I might have bought too late..it has gone up 119% since. So, doing okay.
To end this story well don't forget to sell till you are up on it
What’s your price to sell? At what point do you say, I’ve made enough let me pick another company to invest my money in?
@@ian_pedalzBy not fixing a share price target
@@heavyduty5125 so your thesis on future price target is based off of? Everyone talks about nvidia like they can do no wrong so I’m just curious.
What is
Is valuation work?
Bunch of jesters talking crap
Only jester talking crap is you lol
@@cocoarecords - Put to action what these jesters mentioned and tell me after that you earn money. I can almost guarantee you eat your words.
@@kk22001 words are not double cheeseburgers 😉 to be eaten
@@kk22001Well ig you don't know what ashwath teaches
He does that in a better way what most of the world is doing already before investing