CHAPTER 16What Offers Value?

When stocks are attractive, you buy them. Sure, they can go lower. i’ve bought stocks at $12 that went to $2, but then they later went to $30. You just don’t know when you can find the bottom.

PETER LYNCH

At this point, I am in the process of putting everything together. By now, you should understand fundamentals and be able to identify certain behaviors that can affect your performance and your concepts of value. However, it can still be difficult to piece everything together in a way that creates a solid foundation for success. Therefore, in these final three chapters, I am going to lay out a guideline that I have used to become successful. The neat thing is that you don’t have to follow my exact guideline, but ...

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