"Price is what you pay, value is what you get." (Benjamin Graham)
"We read hundreds and hundreds of annual reports every year."
"Third, valuation is a matter of accounting; a valuation model is only as good as the accounting that it involves. The last point is the basis for a critique of IFRS accounting."
"Alles Leben ist Problemlösen"
(Karl R. Popper)
und alles Problemlösen ist ökonomisch.