Adobe: A Misunderstood Leader, Priced For Busted Growth

Core Insights - Adobe Inc. has evolved beyond its legacy products like Photoshop and Premiere Pro, establishing itself as a significant player in the creative technology space [1] Group 1: Company Overview - Adobe has been a powerhouse in the creative sector for over a decade, indicating strong market presence and innovation [1] Group 2: Investment Philosophy - The investment approach emphasizes value investing with a focus on strong fundamentals, sustainable competitive advantages, and high long-term growth potential [1] - The strategy includes three rules: only buy great businesses, never overpay, and exercise patience, highlighting a long-term investment perspective [1]