Peter Lynch says in his
One Up on Wall Street
that comanpies with boring names are better for investment. Those with
both boring names and doing boring things are even better, and those
with boring names and doing disgusting things are the best of best,
simply because these are most likely to be under-valued. This argument
is so funny and also, I must admit, insightful. However, I wonder when
these under-valued investments would recover its intristic value.
There're too many things under valued in the world. When will the
majority of people realize that? Information does matter...
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