Mauboussin On The Future Of Active Management – Forbes

Posted February 12, 2018 11:43 pm by Category: WARREN BUFFETT WATCH Tags: ,


Forbes

Mauboussin On The Future Of Active Management
Forbes
While cheap stocks do tend to have lower expectations than expensive ones, two mistakes can arise. The first is buying a statistically cheap stock that deserves to be even cheaper. That's a value trap. The second is shunning a statistically expensive