There's a lot of crap out there in net net stocks, though, which is why I like to invest in only high quality NCAV stocks — stocks that show a solid balance sheet and have other
great qualitative aspects to them such as buybacks or insider buys.
Not exact matches
While the words «life» and «mind» refer to
aspects of such
great significance in the whole process that we might wish to attach special terms such as transcendence or emergence to them, we must recognize that the
qualitative side of evolution, like the material side, is a continuum.
According to early psychometric studies of how we see risk, people tend to emphasise its
qualitative aspects, whether it is involuntary, catastrophic or unfamiliar rather than how
great a risk is.
I'm not saying Buffett's math wasn't simple; I am saying that he took
great account of
qualitative aspects of a business — honest & competent management, owner earnings (free cash flow), moats (sustainable competitive advantages), ability to reinvest excess earnings profitably, etc..