Value Investing During Periods Of Euphoria – ValueWalk Premium
Value Investing

Value Investing During Periods Of Euphoria

An excerpt from Bruce Greenwald’s Value Investing: From Graham to Buffett and Beyond, first published in 2001. Presented without comment. Readers are encouraged to form their own conclusions.

During periods of investor euphoria, value investing will appear stingy and pessimistic in its estimates of intrinsic value. Its requirements that value be found in as­sets and earnings power will seem antediluvian when radically . . .


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Saved Articles