Scribd Logo
Upload

Welcome to Scribd!

  • 18 views

    02.1 Fundamental Elements

    Uploaded by

    Sourav Kumar Mondal
    The danger of paying the wrong price is almost as great as that of buying the wrong issue. Exclusive emphasis on the choice of the enterprise often leads to paying too high a price. Pay attention to what the market is saying, but have a critical and contrarian view.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    02.1 Fundamental Elements

    Uploaded by

    Sourav Kumar Mondal
    18 views1 page
    The danger of paying the wrong price is almost as great as that of buying the wrong issue. Exclusive emphasis on the choice of the enterprise often leads to paying too high a price. Pay attention to what the market is saying, but have a critical and contrarian view.

    Original Description:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The danger of paying the wrong price is almost as great as that of buying the wrong issue. Exclusive emphasis on the choice of the enterprise often leads to paying too high a price. Pay attention to what the market is saying, but have a critical and contrarian view.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    18 views1 page

    02.1 Fundamental Elements

    Uploaded by

    Sourav Kumar Mondal
    The danger of paying the wrong price is almost as great as that of buying the wrong issue. Exclusive emphasis on the choice of the enterprise often leads to paying too high a price. Pay attention to what the market is saying, but have a critical and contrarian view.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    3.

    Time

    1. Financial factors 2. Behavioural characteristics

    4. Person

    FUNDAMENTAL ELEMENTS

    2. Terms of commitment The danger of paying the wrong price is almost as great as that of buying the wrong issue.

    1. Character of enterprise

    Untrained buyer Attractive enterprise on unattractive terms

    Expert buyer Unattractive enterprise on attractive terms ------------------------------------------------------------ Exclusive emphasis on the choice of the enterprise often leads to paying too high a price.

    Many of the leading enterprises of yesterday are today far back in the ranks. Tomorrow is likely to tell a similar story. Pay attention to what the market is saying, but have a critical & contrarian mindset.

    You might also like