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In other words, just because a stock is cheap doesn’t mean it’s a good investment. Buffett would much rather pay a little more for a great business. However, Buffett cautions against paying too much, even for an excellent company:
In other words, just because a stock is cheap doesn't mean it's a good investment. Buffett would much rather pay a little more for a great business. However, Buffett cautions against paying too much, even for an excellent company:
