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Presently, the premium over book value for the market is 1.5 times, a reasonable valuation, but in 1982 stocks sold down to book value.
FORBES: Risks Skewered To The Downside
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In addition to reasonable operating costs, the BMW 328i also retains its value better than other vehicles in its class, according to IntelliChoice.com, which, like Vincentric, measures ownership costs.
FORBES
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You must identify the right business or company to invest in, and it must be purchased at a fair or reasonable value (price).
FORBES: Connect