To Invest Do I need to Know Beta and Option Pricing?

Investors Happy that they Don't Know Beta and Option Pricing

"To invest successfully, you need not know understand beta, efficient markets, modern portfolio theory, option pricing, or emerging markets. You may, in fact be, better off knowing nothing of these. That of course, is not prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices."

Warren Buffett

Are Growth and Value Opposed to Each Other Slide

Growth and Value are Inseperable

'Most analysts feel they must choose between two approaches customarily thought to be in opposition: "value" and "growth."... In our opinion, the two approaches are joined at the hip: Growth is always a component in the calculation of value.'

Warren Buffett

Price is What You Pay and Value Is What You Get

Price is What You Pay and Value Is What You Get

"Long ago, Ben Graham taught me that "price is what you pay; value is what you get." Whether we are talking about socks or stocks, I like buying quality merchandise when it is marked down."

Warren Buffett