19 Tips about Price

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I believe the service companies are more attractive than producers in the current environment. Whether oil is $40 per barrel or $70 per barrel, I’d...
In capital markets, price is set by the most panicked seller at the end of a trading day; value, which is determined by cash flows and assets, is not....
Tags: price, value, emotions
Risk is not inherent in an investment; it is always relative to the price paid. Uncertainty is not the same as risk. Indeed, when great uncertainty...
The lack of investment in developing energy resources was so profound for so long that we expect to see inelastic, higher prices for a very long time,...
If something is cheap but the business dynamics aren’t great, time can be your enemy unless you see a clear catalyst for value to be recognized.
In absolute terms, we generally want to see 50% upside potential over the next couple of years. And unless we see at least 3x more potential upside...
Tags: value, growth, price
I’d consider our style more as GULP, growth at unreasonably low prices. Why pay a reasonable price for anything? If you’re ever in Pennsylvania...
When buying any product or service, always ask what is the real cost? There is always a stated price and a hidden price. The hidden prices are monthly...
Price is what you pay. Value is what you get.
Tags: price, value
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