From The Famous…Value Investing Lecture #3, Lear Corp

This lecture includes the 2005 10-K of Lear Corp starting on page 15. Begin reading the 10-K to determine if this is a good business; the price at $33 offers value and what risks are there in this investment. The lecture is here at:

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There are many philosophical question and lessons in the discussion of Lear and what happened in this investment.

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