I’d listen to Warren Buffett’s advice to buy undervalued ASX shares today
Image source: The Motley Fool
If there’s one investing principle Warren Buffett has repeated more than any other, it is to buy wonderful companies at fair or undervalued prices.
Not speculative names. Not the hottest trend. Just proven businesses that are temporarily trading below what they are truly worth.
It is a simple philosophy, but it is also one of the main reasons the Oracle of Omaha has outperformed the broader market for more than half a century, and it remains just as relevant today.
Even after the recent rebound in global markets, pockets of undervaluation still exist. And for long-term investors, these opportunities may be far more attractive than trying to chase whatever is surging right now.
