Apparent catalyst absence creates undervaluation. Wall Street's short-term orientation causes undervalued stocks lacking near-term catalysts to get dumped.
Source: Q&A with FT: Investing in Range-Bound Markets December 5, 2009
Apparent catalyst absence creates undervaluation. Wall Street's short-term orientation causes undervalued stocks lacking near-term catalysts to get dumped.
Source: Q&A with FT: Investing in Range-Bound Markets December 5, 2009
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