The firm-foundation theory argues that each investment instrument, be it a common stock or a piece of real estate, has a firm anchor of something called intrinsic value, which can be determined by careful analysis of present conditions and future prospects.
—from A Random Walk Down Wall Street, a book by Burton G. Malkiel
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Default (English) | 93,809 | 70.37 | December 9, 2018 |
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