29-08-2022, 10:45 PM
Hi Weijian, my intention to reopen the discussion, is not strictly about comparing the performance of this 2 strategy in the past 5 years. But simply to open up an opportunity for everyone to share their experience and learnings in the past 5 years. If views changed, or strengthened etc. With the benefit of hindsight.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger