Mind the Gap

04/30/2014

Nicholas Tompras, Willem Schilpzand and Tim Piechowski of Alpine Capital Research explain why relative valuation makes no sense to them, why they consider one large segment of the market a bubble, why they’ve owned only 52 stocks over 14 years, and why they think Vodafone, Fairfax Financial, Humana, Sysco and JPMorgan Chase are mispriced.

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