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Number One Investing Rule: Book Value Increase = Returns

Today I discuss something boring, something old fashioned but something that works. It is up to you if you want to follow the current investing trends or you want to follow what works in the long term. The change in book value +- dividends is the only correct measure of intrinsic value and Buffett has been focusing on it for the past 70 years.

Number One Investing Rule: Book Value Increase = Returns

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