It is tough to make money in stocks when you do not understand the concept of growth.
You would constantly look to buy things cheap and buy dull-dud mediocre businesses at lower valuations and falling stocks.
You wait for prices to fall and you feel you are getting a bargain when in reality all you are doing is think small and buy stocks with limited upside.
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Understanding the scope of the model is way more important than looking to save money and buying cheap.
Look up. Look forward. Big money is not made by looking at historical PE and buying things cheap.
