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"The stock market is rarely rational. This is exploited by value investors, like myself, who invest in companies that are undervalued for no reason." Which ten
by dean 14y ago
"The stock market is rarely rational. This is exploited by value investors, like myself, who invest in companies that are undervalued for no reason."
Which tends to make the market more rational again.
But I agree that the market is not always rational, else there would never be a bubble.