Seven Patterns Of Inefficiency In Pricing Of Quality Businesses

Seven Patterns Of Inefficiency In Pricing Of Quality Businesses by Fundoo Professor Here are some of broad patterns of inefficiency that I have encountered over the last few years of practicing value investing in better quality businesses: [munger] The market’s inability to appreciate the probable future value of higher quality businesses with very long runways (something I covered here); A niche business which is doing something remarkable but it belongs to an unremarkable, largely unprofitable, commodity-type industry and the market is failing to make the distinction; Mispriced B2B businesses which are enormously profitable but remain below the radar because, unlike B2C businesses,…