Finding good investments is a challenging task. We think that with the advent of Quantitative Easing, it has gotten even harder. There was a time when you look for the undervalued asset. Nowadays, we find few of those. More often we must be satisfied with investing in companies that are mildly undervalued or just less overvalued than the typical stock. James Valentine is a former II-ranked analyst at Morgan Stanley and author of the book Best Practices for Equity Research Analysts and Principal of AnalystSolutions. He has some thoughts on the subject and we do as well.
