Opinion
Why investors shouldn’t buy assets just because they’re cheap
Underpriced opportunities are either the result of short-term dislocation or fundamental concerns. It’s important to know which of these forces are at play.
Giselle RouxContributorInvestment markets are claimed to be forward-looking, yet they are surprisingly attached to reading the tea leaves of current or past patterns.
For example, many have drawn dubious parallels between the dotcom bubble and the current fixation on AI-related stocks. Such noise undermines the complexity of identifying patterns that really matter.
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