GoodRead: Buffett and Munger's problem with value investing

May 13, 2019

Value investing is about estimating and valuing future cash flows, not about how low a Price to Book or a Price to Earnings ratio is for a stock.
As Charlie Munger pointed out, all investing is value investing, in the sense that you expect your investment to be at a higher value when you sell it. This makes investors jobs much harder. 

Read: Buffett and Munger's problem with value investing


and, this is not related but another Food for though

https://myinvestmentguide.wordpress.com/2015/06/12/9-steps-to-value-investing/

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