Value

Pumped! Why the market loves crazy valuations (until it doesn’t)

Past bubbles offer important lessons about why people pay too much for a stock, sometimes knowingly. With parts of the market looking bubbly now, Ninety One’s Value team advises investors to examine their portfolios – and their behaviour – for signs of speculative exuberance.

2021 M01 25

7 minutes

Alessandro Dicorrado
Steve Woolley
Past bubbles offer important lessons about why people pay too much for a stock, sometimes knowingly. With parts of the market looking bubbly now, Ninety One’s Value team advises investors to examine their portfolios – and their behaviour – for signs of speculative exuberance.

Authored by

Alessandro Dicorrado
Steve Woolley

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