QAN - Quality Actions Network!

 

* A quote presented to you at random *

 

Psychology is probably the most important factor in the market -- and the one that is least understood. There's constant overreaction in the market. Low-P/E stocks are constantly priced too cheaply over long periods of time, and higher-P/E stocks are priced too dearly. People like exciting stories; they don't like boring companies. That is the normal cause of investor overreaction.


~ David Dreman

 

 

 

 

 

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