Fantastic Business at a Fair Price
In this series, I will break down my buy price or βbuy areaβ of each of the companies on my watchlist. This will provide an insight into how I think about valuation, and whether or not the businesses on my watchlist are attractively priced currently.
These businesses have done very well over the last 5 and 10-year period, but as we know, a fantastic business at a horrible price can be a horrible investment. Therefore, we must always consider what price we get these fantastic businesses at to ensure that our returns are fantastic.
Letβs break it down.