Op-Ed: Don’t try to ‘call a bottom’ for the whole market, instead pick stocks for the long term

Markets are functioning well. The trading stops are working as designed. After nearly a 30% drop, investors will begin to consider buying. But, with a global recession at hand, the fundamentals on which value decisions are based will deteriorate. It’s a guess as to how far.

So what’s the right price to pay for something that is facing deteriorating sales and earnings?  The answer is at a…

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