Carol Loomis quote

Approaches to determining stock values vary, but fundamentally, each company judging itself undervalued is saying that its future stream of earnings justifies a higher price than the stock market is willing to accord it.
Carol Loomis

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Tap Dancing to Work: Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
Tap Dancing to Work: Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
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