Finding great businesses at a reasonable price is not easy. Phil takes a look at what makes Rightmove one of the best businesses on the London market and offers some thoughts on what price represents a good buying level for its shares.
Finding great businesses at a great price is what many investors dream of and spend their days searching for. The first part of this challenge is easier to spot. Paying the right price is more of an art and is usually only something that you know you have done with the benefit of hindsight.