Core Viewpoint - The article provides an update on Workday (WDAY), emphasizing a bullish outlook on its AI products, partnership strategy, and WorkdayGO, while advocating for a fundamentals-based approach to value investing [1]. Group 1: Investment Philosophy - The company disagrees with the notion that low multiple stocks are inherently cheap, focusing instead on long-term durability and affordability [1]. - There is a preference for companies with steady long-term growth, no cyclicality, and a strong balance sheet [1]. - The article acknowledges the risks of investing in successful companies, particularly the potential to overpay, highlighting the importance of valuation [1]. Group 2: Market Potential - The company believes that in certain situations, the vast development runway of a company can make immediate price considerations less critical [1].