Following my coverage on Xerox (NASDAQ: XRX ) in January this year, for which I recommended a sell rating as XRX's fundamentals continue to be poor with no visible path to grow earnings, this post is to provideI 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 ...