What Is Value Investing? | Kiplinger

What Is Value Investing? | Kiplinger

When you start investing, one of the first concepts you’re likely to encounter is “value investing”. Like many terms in investment, “value” is not easy to pin down precisely.

As Charlie Munger, the business partner of famous US investor Warren Buffett, put it: “All investment is value investment, in the sense that you’re always trying to get better prospects than you’re paying for.” This is true, but not very helpful. So let’s be more specific.

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