Re: Would You Buy This Stock?
Fair enough.
When I asked about you looking up the details of a company you wanted to invest in you said...
"You think there is information there not already taken into account by the market?"
I will give a wishy-washy yes and no answer to your question. I am familiar with the Efficient Market Hypothesis. In a way, I am almost an Acolyte to it.
When all of the analysts in 1999 said to buy freakin' everything because it was a Bull Market, was that good advice?
As far as I know, the only folks I know that said it was a bubble at the time was IBD (Investors Business Daily), myself, and my Dad.
The reason I say I am an Acolyte to the above mentioned theory is I am of the school that the "market does what it does". So I should react accordingly. I do, but with research.
There are tens of thousands of companies listed in the NYSE, and you are right... most of them are profitable in the long term. Yet, many are not.
You ignored my question if you actually did research on the companies you would invest in...
The question is, do you?
I may have been incorrect in my initial post to your original question but I have to posit that at the very least basic research into companies you invest in had to enter into the equation.
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