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Which is what confuses me. How can there be a consensus that something is undervalued over a period of time ... wouldn't the markets just correct the price qui

by aneesh 18y ago

Which is what confuses me. How can there be a consensus that something is undervalued over a period of time ... wouldn't the markets just correct the price quickly?

tyn 18y ago
Markets are not efficient
- aneesh 18y ago
  That's one possible explanation. The other explanation is that investment firm XYZ is wrong when they say that a particular asset is undervalued.