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Who’s To Say Stocks Are Expensive: You Or Your Fund Manager?

FYI: Being cautious can sometimes be the boldest move of all.

Josh Strauss, a self-professed bargain hunter and portfolio manager at the Appleseed mutual fund, gets interested in a stock when confidence in it has plunged, and his goal is to buy when its price is 50 percent lower than what he thinks it should be.
Regards,
Ted
http://www.denverpost.com/2016/05/20/whos-to-say-stocks-are-expensive-you-or-your-fund-manager/
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