What Does It Mean When a Stock is Fairly Valued?

One of the most misunderstood of all investment issues is what it means when shares of stock in a business are fairly valued.  When investors hear that a stock is fairly valued they inevitably treat that stock as if it is over valued – avoiding a purchase in...

Obstacles to Accessing Your Intuition, Part Two

This is part two of a two part series about the principle obstacles standing in the way of you accessing your intuition.  Obstacles to Accessing Your Intuition, part one was published one week ago today.  Combined, these two posts should become a part of your...

Is Apple Stock Cheap? – The Fallacy of PEG Ratios

WHAT IS THE PEG RATIO? In case you have never come across this quaint, and potentially dangerous, little valuation shortcut, let me provide a brief overview.  The PEG ratio compares the price to earnings (P/E) ratio of a business to its expected future growth rate...