12 Oct 2017
One reason regularly quoted to buy a certain stock is because it offers ‘good value’. It is certainly an easy (and lazy) argument for stockbrokers to recommend a company. When I select stocks in the small cap space (ex ASX200) I do not focus on value as I find ‘value’ to be one of the most confused, overused, misleading and irrelevant factors with respect to share-market opportunities.
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