Value Traps
topic on 1 show · 1 statements across 1 episodes
1 statements about Value Traps, every show
Black: Buying cheap wide-moat businesses often leads to value traps
“I think one of the reasons that active managers underperform consistently is because everybody's doing the same thing.
They're all approaching the market from the same perspective.
What we have found is more times than not, if you're just looking for high qual…”