Buffett explained it years ago in an annual report: Whether a stock is priced low or high, he said, it's ownership in the same company.
几年前的一个年度报告上，巴菲特这样解释：不管一个股票被高估或者低估，它的所有权是同一家公司。
It's not a low-priced stock--a single share of its Class B stock costs more than $3, 500--but it has averaged a 25 percent return over the past quarter century.
那不是低价股票---它的一股B 股股票价值 3500 美金 ---但是在过去的 25 年中它的平均回报率达到了 25%。
The Contrarian Strategy implies buying the "value stock" which is priced too low and selling the "glamour stock" which is priced too high.
证券市场中的反向策略是指购买价格被低估的“价值股票”和抛售价格被高估的“热门股票”。
The Contrarian Strategy implies buying the "value stock" which is priced too low and selling the "glamour stock" which is priced too high.
证券市场中的反向策略是指购买价格被低估的“价值股票”和抛售价格被高估的“热门股票”。
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