Following my coverage on Kering ( OTCPK:PPRUF ) in April, which I downgraded to a sell rating as I did not foresee any recovery in Gucci or China and its product refresh strategy was not working, this post is I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to c ...