The bigger picture
Paul Moore of PM Capital says there is more to be learnt through assessing corporate behaviour than panicking over the more fickle markets
The manager of PM Capital's $US80m Absolute Performance Fund believes more can be learnt by monitoring corporate behaviour than worrying about the short-term trends of 'fickle' world markets.
Paul Moore, who started the fund in April 1998 after spending more than 13 years in fund management at Bankers Trust, says he is concerned about the big picture.
He asks himself what stocks are undervalued now but may rebound in two or three years' time. What is the business worth and, most importantly, what
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