I was using the John Templeton approach when he first started out i.e he bought a basket of stocks trading under $1 and some worked out and some didn't. I think Buffett did something similar buying a basket of cheap Korean stocks. Peter Lynch is awesome and GARP is great (Munger convinced Warren to buy quality) but note that PL mentioned the 6 types of stocks so he would buy anything in the U.S. At the moment an investor has to at least look at China just for valuation. The U.S is picked over. imo. Thanks for the post.
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