GuruFocus Premium Membership

Professional Value Investing Tools at Affordable Prices

Try It 100% for 7 Days!

Michael Hamlett Jr
Michael Hamlett Jr
Articles (70)  | Author's Website |

Teetering Valuations

August 05, 2014

As stocks continue to decline, Monday's 1%-2% selloff has investors wondering "what happened?" Although there are many different events happening around the world, the most basic, and probably most truthful, answer is that the markets have become overvalued. We don't know how long the selloff will continue, but it should be welcomed by value investors. The decline will make stocks cheaper, closer to their valuations or below, and will allow investors to add value to their portfolio. Having a great company in your portfolio is always good. But it is always best to buy that company at the cheapest price you can.

About the author:

Rating: 3.0/5 (2 votes)



Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)