The Single Most Important Question That Smart Investors Must Answer
Value investor Michael Price recently died, but his investing advice about how to determine a stock's worth will live on forever. Here's my take on his guidance, using the stock of W.W. Grainger as an example.
Michael Price (no relation to me) died last weekHe was one of my earliest heroes when I was getting started in value investingIn a recent story about him in Barron's, Price's single most relevant investing advice was highlightedIt was a question and answer on figuring out what any particular stock is worth vsits current price
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