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# deep-value — 2 quotes

DEEP-VALUE

“

Safe and cheap. That's my investment philosophy in three words. Everything else is noise.

deep-valuephilosophy— Third Avenue Management shareholder letter, 2002
“

The key to investing is not predicting the future. It's buying assets at a discount so large that even if you're wrong about the future, you still win.

deep-valuemargin-of-safety— Value Investing: A Balanced Approach, 2000