Briefly, pure price theories such as the efficient market hypothesis and technical analysis describe price movements with reference to the price itself. In contrast, fundamental data theories, the focus of this book, describe price movements as a longer-term response to the fundamental data of the underlying ... In broad terms, the greater the intrinsic value compared to price, the greater the real value.
|Title||:||The Conscious Investor|
|Publisher||:||John Wiley & Sons - 2010-09-23|