Meet The Crazy Mr. Market

You may have seen Mr Market lurking around lately, shouting irrational price offers at you. First he’s willing to pay you $1,000 for your share of a business. The next day, only $700. Then $800. Nothing about the underlying business or its prospects have changed. Today I’d like to introduce you to Benjamin Grahams Mr Market, who is just as relevant today as he was in 1949.