Oil’s Swift Fall Raises Fortunes of U.S. Abroad

[kakaballi]

Re: Oil’s Swift Fall Raises Fortunes of U.S. Abroad

@Southie

…So what was the period in which mkt price represented fair price. Was it 99 pct of the time span of 2000 April to 2014 December?

The efficient market hypothesis can be taken literally - to the delight of value investors. And detriment of those that do.

Uncle, you confuse ‘fair price’ and ‘fair value’. Quite different concepts.