AGCO Corporation: Wonderful Business Model, Quality Metrics, And Undervalued Opportunity
AGCO (AGCO) Seeking Alpha·2024-03-24 03:41
Capuski/E+ via Getty Images I discovered this stock around the time of Charlie Munger's passing and it reminded me of one of his investment philosophies. He is said to have famously remarked, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." But as I dived deeper into this company, I saw that its business model not only qualifies as wonderful but the business also presents itself at an incredibly wonderful price. Let me explain. A wonderful company AG ...