--- type: "Topics" locale: "zh-HK" url: "https://longbridge.com/zh-HK/topics/36806345.md" description: "Investing in an excellent company at a reasonable price yields much better results than investing in an average company at a cheap price.Only buy top-tier excellent companies🤔" datetime: "2025-11-30T04:15:03.000Z" locales: - [en](https://longbridge.com/en/topics/36806345.md) - [zh-CN](https://longbridge.com/zh-CN/topics/36806345.md) - [zh-HK](https://longbridge.com/zh-HK/topics/36806345.md) author: "[价值&投资](https://longbridge.com/zh-HK/profiles/3090.md)" --- > 支持的語言: [English](https://longbridge.com/en/topics/36806345.md) | [简体中文](https://longbridge.com/zh-CN/topics/36806345.md) # Investing in an excellent company at a reasonable … ## 評論 (16) - **自来也 · 2025-11-30T21:47:09.000Z**: Good - **白日_梦想家 · 2025-11-30T07:54:10.000Z · 👍 1**: I feel that Meta's current P/E ratio of 21 is undervalued. Can we buy in bulk now? Can Value Brother give some advice? - **AceFantasy · 2025-11-30T05:57:33.000Z**: Study every day Learn from Value Brother📚 - **Lucky2026 · 2025-11-30T05:11:32.000Z · 👍 1**: Value Guy puts theory into action👍, learning from you📚 - **yyj421 · 2025-11-30T05:08:10.000Z**: Brother Value, are there any books suitable for financial beginners? Some make my head spin, the words go through my eyes but don't get absorbed. - **价值投资奔幸福** (2025-11-30T06:43:20.000Z): Value Brother has recommendations on the homepage - **yyj421** (2025-11-30T07:31:54.000Z): I saw a lot of books😂want to know which ones are more suitable for beginners - **每天思考一点 · 2025-11-30T04:39:49.000Z · 👍 1**: Excellent companies transcend cycles - **价值哥迷弟跟班 · 2025-11-30T04:30:24.000Z · 👍 1**: get 认可 - **阿二每天都要开心呀 · 2025-11-30T04:20:56.000Z · 👍 1**: So the question arises, what kind of enterprise is an excellent one? And how to discover such excellent enterprises? Are excellent enterprises always excellent? - **旧城冷巷雨未停** (2025-11-30T04:24:44.000Z): Read more books - **艾萨克·牛顿** (2025-11-30T04:29:19.000Z): 1 Look at the moat, 2 look at customer stickiness, 3 look at management, 4 look at long-term survival rate, and finally calculate the valuation, Charlie Munger's thinking - **.. NoEmotion** (2025-11-30T05:03:13.000Z): The first thing that came to my mind was AAPL - **成长的交易员 · 2025-11-30T04:18:37.000Z**: Indeed, many have been trapped by small-cap stocks