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英语翻译
Buy Damaged Stocks,Not Damaged Companies
Let’s say Wall Street is holding a sale of solid merchandise that it has to move.And let’s say you take that merchandise home only to find it doesn’t work,has a hole in it or is missing a key part.If we were on Main Street,of course,it wouldn’t matter.There are guarantees and warranties galore on Main Street.You can take anything back.
You can’t return merchandise on Wall Street and get your money back.Nope,no way.
Which is why I always say:
You have to buy damaged stocks,not damaged companies.Sometimes these buys are easy to discern.In 1998,when Cendant (CD – news – Cramer’s Take) was defrauded by the management of CUC International through a series of bogus financials,the stock went from $36 to $12 in pretty much a straight line.Was that a one-day sale that should be bought?No,that was a damaged company.It took years for Cendant to work its way back into the hearts of investors.Some say it has never recovered.
But

提问时间:2020-12-05

答案
买股票,不损坏公司利益我们说,华尔街正举办一个销售商品的活动.让我们说参加的商家,发现没多大作用,有些缺陷或丢失了一个重要组成部分.如果我们是在大街上,当然,这不会有问题.有担保、保证堆积如山的大街上.你可以做...
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