FYI: One of the most counterintuitive aspects of investing is the fact that you almost need to have bad news for things to get cheap enough to create a good long-term value. Markets or securities don’t become undervalued all on their own. There’s usually a catalyst involved in the form of poor fundamentals, bad news, missed expectations or a combination of things.
Regards,
Ted
http://awealthofcommonsense.com/2016/03/are-european-stocks-cheap-or-is-the-u-s-expensive/
Comments
That's pretty cowardly. How we gonna look up to you as a hero and maybe even a smallish statue if you just be hide in the trenches with us?