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2025-03-08 14:22:26 UTC
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Stanley Black-Decker on Nostr: One basic principle they got right is that equities can be wildly over-priced for a ...

One basic principle they got right is that equities can be wildly over-priced for a very long time before a fundamental catalyst disturbs them

Prices and forecasts are changes in analysis. A fundamental catalyst is a change in the "real": earnings reports, legislation, etc.