Word: euphearia
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...Some of the mutual funds that invest in stocks of a particular country, like the New Germany Fund, which immediately shot up to a 70% premium over its intrinsic value when it was launched last year, may make sense now that euphoria has turned to euphearia and premiums have turned to discounts. I bought a little of the Turkish Fund, traded on the New York Stock Exchange, when Saddam Hussein invaded Kuwait, not because I know the first thing about Turkey but because it was trading at a 35% discount and I thought Turkey might somehow benefit from its newly...
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