Mental Model: Mr. Market - Value Is In The Eye Of The Beholder
Mr. Market is the classic allegory first described by Benjamin Graham in his classic, The Intelligent Investor. It's a great way to think about stock prices going up and down in the short term - it's all emotional. Departures from intrinsic value DO exist, and it's our job as investors to take advantage of them if we so desire.
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alex@stockstoriespodcast.com
Instagram: @stockstories1
Email: alex@stockstoriespodcast.com
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