Investing in companies that are trading at low prices


Question: Liu Wei is a portfolio manager. His specialty is investing in companies that are trading at low prices relative to their book values. He often finds himself buying stocks with little or no earnings yield and other times he finds good opportunities when cyclical stocks become depressed. Liu Wei is a(n): a. Low P/E ratio manager b. Contrarian manager c. Passive investment manager d. Conservative-yield manager

 

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Other Subject: Investing in companies that are trading at low prices
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