Before Quote by Kenneth Fisher
“The latter part of bull markets are typically led by stocks that are seen then as high quality, but the ones that do best are the ones that weren't seen as such high quality before.”
About This Quote
Stocks that were previously undervalued can outperform when market sentiment shifts toward quality.
In simple terms: Undervalued stocks can become top performers.
Watch for hidden quality in overlooked stocks.
Themes
Mood
Type
When to use this quote
- portfolio construction
- stock selection
- risk management
Key Concepts
Questions to Reflect On
- How do you identify hidden quality?
- What metrics reveal overlooked potential?
Market may stay irrational longer than expected.