obiero wrote:sparkly wrote:the deal wrote:Teren teren...
I can see you popping champagne waiting for 2 bob πππ
KES 2.8 intra day by close of day Monday
I would LOVE that. That's sub-12 at today's prices.
Even sell my I&M at 55 to buy KenRe at 2.80 xb/xd.
The legendary investor says he learnt an important lesson from Benjamin Graham: βPrice is what you pay; value is what you get.β
That is kind of a universal truth and applies to not just market but any life situation. Says Buffett:
βWhether we're talking about socks or stocks, I like buying quality merchandise, when it is marked down.β Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett