Most people would agree that it is better to learn how to fish

Most people would agree that it is better to learn how to fish. But once you’ve learned, wouldn’t it be nice if someone could point you to the best fishing hole?

Finding wonderful, undervalued businesses

What happens when the businesses you know are not growing at the desired rate, or are not selling below their intrinsic value? The other option is to find a business of which you have some cursory knowledge, and take the time to learn more about the business and the industry. Ultimately you want to find companies that you understand that are both high quality and have stock prices that are well below their intrinsic value.