Lawrence A. Cunningham
Uncover the timeless investment wisdom and corporate governance principles of Warren Buffett to master the strategies that built Berkshire Hathaway.
Successful investing demands purchasing shares in excellent businesses when their market prices trade at a large discount to their underlying intrinsic values.
Investors should welcome market volatility because a fluctuating market periodically attaches irrationally low prices to fundamentally solid businesses.
Evaluating a business requires focusing on owner earnings rather than flawed metrics like EBITDA that ignore real economic costs such as capital expenditures.