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Valuation - McKinsey Quarterly

Do Fundamentals–or Emotions–Drive the Stock Market?
The McKinsey Quarterly, 2005 Special Edition: Value and performance
Emotions can drive market behavior in a few short-lived situations. But fundamentals still rule.
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Don't Expect Too Much of Your Share Price
Companies are what they are, not what their executives want them to be perceived as being. But management can improve the match between share prices and intrinsic value.
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Measuring Long-Term Performance
Earnings per share and share prices aren't the whole story–particularly in the medium and long term.
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