Quotes About Mispricing

Investors can take advantage of this mispricing by buying low-cost passively managed portfolios of value stocks or fundamentally weighted indexes that weight each stock by its share of dividends or earnings rather than by its market value.

Our entire approach to the banking and financial services business is risk-adjusted returns. We believe that in most parts of the world, and including pockets in India, banking tends to mis-price risk.

Market timing doesn't work. If all the bubbles and all this mispricing really exist, how come so few people see it before it turns out that way?

At the ratings agency Standard & Poor's, where they've knowingly mispriced risk, one guy messages another: 'Let's hope we are all wealthy and retired by the time this house of cards falters,' adding the emoticon ':O)'.