RE: apology10 Nov 2017 14:44
It's easy to underestimate how powerful sentiment can be short term,
whether positive or negative.
Sometimes there are valid reasons for this, however the market often
tends to magnify these, overreacting to the upside, or downside.
The best observation I'ver read on the stock market is Ben Graham's famous..
short term the market is a voting machine, longer term it's a weighing machine..
Value does usually out longer term, on one important proviso-
the company you buy turns out to be a high quality one.