![Graham strongly felt that market prices could be considerably out of line with values. The reason for this discrepancy he took to be psychological. ...[T]he overall level of the market could go to extremes in either direction, as optimism or pessimism holds sway. ...[F]avored stocks would sell at unduly high prices, while unpopular stocks would sell at unduly low prices. (Benjamin Graham)](https://cdn.quotesdtb.com/img/quotes_images_webp/10/benjamin-graham-direction-discrepancy-1007110.webp)
Graham strongly felt that market prices could be considerably out of line with values. The reason for this discrepancy he took to be psychological. ...[T]he overall level of the market could go to extremes in either direction, as optimism or pessimism holds sway. ...[F]avored stocks would sell at unduly high prices, while unpopular stocks would sell at unduly low prices.
Benjamin GrahamRelated topics
direction discrepancy felt high line low market overall pessimism reason sell take while grahamRelated quotes
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They act as they please: here and there, they use force against sovereign states, building coalitions based on the principle 'If you are not with us, you are against us.' To make this aggression look legitimate, they force the necessary resolutions from international organizations, and if for some reason this does not work, they simply ignore the UN Security Council and the UN overall.
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