A common theme
among great value investors (including Prem) recently has been the belief that the broad market is overvalued.
Not exact matches
Whereas other
investors are chasing price action if you're somebody who's sort of a trend follower or you're simply buying and holding, there's a
greater tendency
among Austrian
investors to appreciate
value.»
Whereas other
investors are chasing price action, if you're somebody who's sort of a trend follower, or you're simply buying and holding, there's a
greater tendency
among Austrians to appreciate
value.
This is always a debate
among value investors: Is it better to look for asset based investments like Graham / Schloss and other deep
value school, or is it better to strive for
great businesses at reasonable prices that are almost certain to compound intrinsic
value over time?