"What is perhaps even more important than finding a bargain is **finding a bargain with catalysts that will lead towards a fair valuation**." ([Location 3350](https://readwise.io/to_kindle?action=open&asin=B07CNFFJ9J&location=3350)) --- **Tags** -- [[quotes]], [[value-traps]], [[value-investing]], [[valuations]] **Source** -- [[202506221723 - LN - Modern Value Investing]]