Posted on by tiger40490 rendered_on [ Fri, 7 Mar 2025 ] 01:21 UTC
for popular assets like AAPL or eurusd, we can say any information is quickly disseminated so the market price is presumably fair.
for lesser-known stocks, information is available but retail mind-share is limited. More bargains exist, but they are the focus of many mutual funds and hedge funds!
— now properties:
for properties in popular (liquid but overpriced) locations, each unit probably receives a fair amount of scrutiny, so deep discount is often due to negative factors.
BGC is more popular than surrounding areas and therefore overpriced.
In Bayonne or Cambodia, for each unit the number of serious investors is probably very very low, so bargains are more likely. The amount of un-assimilated information is high, since each investor must wade through lots of raw data and ask many questions.