"Third Avenue wishes it had more liquidity, because then management would have been heavy buyers of high-quality equity securities, which are now as cheap as either of us ever remember them being."
Click the link to head to the Investopedia article.
I've posted on this on my site, with a soupçon of editorial comment. Thanks for the hat tip.
BTW, the last two posts in which I've mentioned you or your blogs (the one I mentioned above, and the Atlas Shrugged post) have engendered no negative comments about you by the good doctor. Perhaps he is past that now.
I've posted on this on my site, with a soupçon of editorial comment. Thanks for the hat tip.
ReplyDeleteBTW, the last two posts in which I've mentioned you or your blogs (the one I mentioned above, and the Atlas Shrugged post) have engendered no negative comments about you by the good doctor. Perhaps he is past that now.