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Words of wisdom from Howard Marks

Don't assume quality equals good investment. Focus on the relationship between price and intrinsic value rather than just business quality.

#InvestingWisdom #Marks #QualityVsPrice #Valuation #MarketEfficiency

What’s the deciding factor for you on choosing gear? 🤔

💰 Price
🔧 Quality
🏷️ Brand
⚙️ Features

#GearTalk #DIYLife #QualityVsPrice #SmartShopping #OutdoorGear #GunCommunity #TacticalLife