AVDV Isn't The Bargain It Appears To Be

Core Insights - Value investing is often perceived as a strategy that comes close to offering a "free meal" due to its potential for lower risk compared to other investment strategies [1] Group 1: Investment Strategy - Philipp is a seasoned value investor with nearly 20 years of experience, focusing on global investment opportunities [2] - The investment approach emphasizes seeking undervalued companies that provide a significant margin of safety, leading to attractive dividend yields and returns [2] - Philipp is particularly interested in companies with a solid earnings track record trading at less than 8 times free cash flow, which reflects a disciplined investment philosophy [2]