Good firms are not necessarily good investments. Stock market prices of successful firms may be bid up

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Good firms are not necessarily good investments. Stock market prices of successful firms may be bid up to levels that reflect that success. If so, the price of these firms relative to their earnings prospects may not constitute a bargain. p-696

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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