Re: Buy Good Value and/or What Other People will Like?
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I'd rather buy what people like. They might never like your "value" stock. It won't go up if people don't buy it. You can never be sure of what "good value" is anyway. Companies lie all the time.
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Yeah, I have to agree with this. If a company is fairly valued or close to reasonably valued and they are likely to have good news in the future they are more likely to go up than companies that are "undervalued".
Plus we can be wrong, just as the market can be wrong.
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