Opportunities

Columbia Graduate School of Business professor Joel Greenblatt makes a key point:

“Prices fluctuate more than values—so therein lies opportunity. Why do the prices fluctuate so widely when values can’t possibly? I will tell you the answer I have come up with: The answer is I don’t know and I don’t care. We could waste a lot of time about psychology but it always happens and it continues to happen. I just want to take advantage of it. We could sit there and figure it all out, but I like to keep it simple. It happens; it continues to happen; the opportunities are there.”

Click below to read two articles about the history of market swings.

Market Watch article & Yahoo Finance article

2018-06-22T18:13:23+00:00By |0 Comments

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