When you say the stock market is overvalued, you imply that...

When you say the stock market is overvalued, you imply that the stock market is going down. But there is a touch of lunacy in every bull market -- stocks can become even more overvalued. A rational investment policy in an irrational world is suicide.

Hugh Johnson Quote About Bull, Imply, Investment, Irrational, Lunacy: When You Say The Stock...

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