Manic Market
Excerpt:
Wall Street no longer views the stock market as a means to invest in companies that they believe are undervalued based analysis of a firm's earnings and growth potential. Instead, it has become a sort of game. The objective is to find ways to buy or sell stocks and make a quick trading profit. Instead of representing companies, these stocks might as well represent race horses.
Comment: Why an investor needs to be a value investor. Example: Don't Fight the Fed, Instead Buy These 20 Blue Chips (Image above is from this article)
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