Behind The Markets Podcast: Bob Pisani
Behind the Markets Podcast
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The Birth of Fundamental Analysis
When GameStop happened, I just got an avalanche because I call it on a fundamental basis. It goes back to Warren Buffett who says, in the short run, the stock market is a voting machine and in the long run, it's a weighing machine. If there's a recession and earnings drop 20%, that doesn't mean stocks should drop 20%. But the fact that emotionally they do set up a tremendous opportunity for people in the future.
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