Solutions to Chapter 1

35. If the firm is stable and well run, its price will reflect this information, and the stock may not be a bargain. There is a difference between a ‘good company’ and a ‘good stock.’ The best buys in the stock market are not necessarily the best firms; instead, you want to identify firms that are better than anyone else realizes. ................
................

In order to avoid copyright disputes, this page is only a partial summary.