Mr. Market and a Valuation of the Dow Jones Industrial Average – January 2016
Mr. Market’s Mental State Legendary value investor Benjamin Graham is probably most famous for his Mr. Market parable. Â In the story, an investor is greeted each day by Mr. Market, who offers to purchase the investor’s stocks. Â Every offer is different, and sometimes the price is insanely high, sometimes it seems fair, and other times […]