Joel Greenblatt: Small Cap Stocks Priced for A Fall [VIDEO]

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Fund manager Joel Greenblatt says that, historically, when small company stocks have been as expensive as they are now, they have delivered negative returns.

H/T ValueInvestingWorld

George Soros And The Human Uncertainty Principle

The division between academic economics and the way traders look at the market is deep. The efficient market hypothesis assumes that markets and valuations are always pushing towards an equilibrium, and evidence to the contrary gets pushed aside as fluctuations or statistical deviations. But the dot com bubble, the


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