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Stock Investing > Barel Karsan: Value Investing

Party Like It's Early 2008

Saj Karsan | Thu, 11/19/2009 - 7:19am | Add a comment

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Wall Street is entirely too focused on current earnings, as noted by Ben Graham . So when a company shows declining earnings on declining revenues, the stock price will take a hit, even if the declines are purely cyclical. For example, consider the quarter-by-quarter revenue chart for K
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