Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with management of the highest integrity and ability. Then you own those shares forever.
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
March 13, 2008
0752 < 0.7 笔克远东长线投资价值涌现
Total shares: 12.03 亿 * 0.8 = 9.6 亿 book value = 8.42 亿
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