This quote illustrates how value investing works these days

Sep 8, 2026 · 20:55

R/VALUEINVESTING

↗ https://reddit.com/r/ValueInvesting/comments/1wb0uoa/this_quote_illustrates_how_value_investing_works/

I dont need my analyst to tell me when a 10x PE stock is cheap, I need an analyst to tell me when a 40x PE stock is cheap.
- Steve Mandel, founder of Lone Pine Capital