Chingle is an asset management company based out of Columbus Ohio that provides investment services for individuals, corporations, and endowments. Along with uncompromising knowledge, skill and expertise in investment management – comes a wealth of experience managing diverse portfolios. Learn more.
“If market prices
perfectly reflected security's intrinsic value, then there would be no reason for anyone to
obtain information for a second estimate of the securities value, because no investor spends
resources to obtain and analyzes information about a security, then how can the market price
reflect the security's intrinsic value?”
Grossman-Stiglitz Paradox
****