"Investments come in three varieties: undervalued at one price, fairly valued at another, and overvalued at a higher one. The goal is to buy the 1st, avoid the 2nd and sell the 3rd." - Seth Klarman
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Syensqo: what can be better than buying the…
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"Investments come in three varieties: undervalued at one price, fairly valued at another, and overvalued at a higher one. The goal is to buy the 1st, avoid the 2nd and sell the 3rd." - Seth Klarman