Charles de Vaulx - Buying Good Companies Is Better Than Investing in "Net-Nets"

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Aug 23, 2013
Charles de Vaulx is a well known name among value investors.

He defines value investing as finding discrepancies between the value of businesses and the price they are trading for in the market.

De Vaulx prefers buying a good business to a "cigar butt," because time is the friend of the good business while a "cigar butt" needs a catalyst to quickly realize value.

Watch the video below for more on his thoughts on good investing: