Investors are well advised to make only conservative projections and then invest
only at a substantial discount from valuations derived there from.»
Investors are well advised to make only conservative projections and then invest
only at a substantial discount from the valuations derived therefrom» Seth Klarman
Not exact matches
Such rates will generally be higher than what home buyers currently pay, not
only because banks now offer
substantial discounts from posted rates, but also because many buyers (40 % according to a July 2011 TD Bank report) take mortgages with variable rates, which are lower than fixed rates
at least 85 % of the time.
I generally
only buy into companies that are selling
at a
substantial discount, or margin of safety, to my estimate of value for the company so that this way if I do make a mistake in the analysis or valuations then I will still have a chance to make some money.
Although the rule of thumb is that a company won't go public, and probably can't go public, if a common stock issue can be priced
only at or below private business value, once a typical, private company does go public, it ordinarily does so
at a price which represents not
only a
substantial premium over private business value but, more importantly, also represents a meaningful
discount, usually based on comparative analysis spread sheets, from anticipated market prices for the new issue.