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  • Bet on Buying Boyd [View article]
    Valuing a company by discounted cash flow etc is worthless I think,

    Because the majority of investors are momentum players.

    When they see a stock go up they pile in.
    They don't use this type of analysis.

    IT'S ALL PSYCHOLOGY

    READ ABOUT THE MADNESS OF CROWDS AND YOU'LL UNDERSTAND THE STOCK MARKET BETTER.
    Dec 04 13:25 pm |Rating: 0 0
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