In this special edition of CNBC Asia's 'Protect Your Wealth', Oriel Morrison asked Roger Montgomery to reveal his Value.able recipe for valuing the best stocks and buying them for less than they're worth. Roger cautions investors to avoid focusing on who is rowing the boat and instead seek out businesses with little or no debt, high rates of Return on Equity and sustainable competitive advantages. What is Roger's Montgomery's most Value.able piece of advice? Only buy A1 businesses when their price is less than their intrinsic value. As Warren Buffett said, "time is the friend of a good business but the enemy of a bad business".
Protect Your Wealth with Oriel Morrison was broadcast on CNBC Asia on 5 November 2010.
Visit http://www.rogermontgomery.com/ for Roger Montgomery's step-by-step guide to valuing the best stocks and buying them for less than they're worth.
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