My experience with investing tells me that you will never get a good investment at a fair value, you always have to pay a premium for it. There is a pretty cons

My experience with investing tells me that you will never get a good investment at a fair value, you always have to pay a premium for it. There is a pretty consistent pattern in my stock portfolio. The stocks that I overpaid for ended up being great investments while the stocks that I thought I was getting a deal on ended up being a disaster of an investment.