#10 Investing 101: Advanced Valuation
"Valuation is neither an art nor a science, it's a craft." - Aswath Damodaran
This is where everything resolves.
As investors, we put as much effort as we can to pick a great company but if we get it at the wrong valuation… Well, all your efforts will basically be wasted.
Anything, and I mean anything could be a great investment at the right price and even the best company in the world could be a disastrous investment at the wrong …