DJII Price remains at a huge discount to its Value – “BUY” and take no prisoners
The ‘Efficient Market Hypothesis’ asserts that financial markets are ‘informationally efficient’. Thus the price is always right. The Dividend Discount Model suggests that this has been the case only 83% of the time over the past 30 odd years. The conclusion is that since March 2009 we have had, and still have, one of the greatest buying opportunities […]