Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: Freedom Fighter who wrote (613)	8/11/1998 12:46:00 PM
From: Axel Gunderson	Read Replies (1) of 1722

I am not so sure that it is really possible to give an exact fair value. It is impossible - nobody knows the future. That doesn't change my perspective - if somebody states that stocks are over or under valued, then either they have some estimate of fair value (which they should give and maybe even explain) or they are just spouting off. I think more of a "wrong" answer supported or explained by faulty reasoning than a "correct" answer given with no reasoning. Axel

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