Investopedia defines a ‘Giffen Good’ as, “a good for which demand increases as the price increases, and falls when the price decreases.” Named after the economist Robert Giffen, a Giffen good has an upward-sloping demand curve, which is, “contrary to the fundamental law of demand which states that quantity demanded for a product falls as the price increases, resulting in a downward slope for the demand curve. ” Early Warren Buffett Style Gains – Deep Value Stock Up 50% In Six Months Mistakes Were Made, But Not By Me Klarman Cub Fidalgo Buys Cheap Korean CDS, But Will It Pay Off After Nuclear…
Peterson Capital On Compounding And Market Insanity
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk