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The "SOB" speaks
What Price is -- and isn't -- buying.
March 25, 2004: 10:40 AM EST
By Jon Birger, MONEY Magazine

NEW YORK (MONEY Magazine) - He dropped out of the fund biz six years ago, but Michael Price has not retired from investing. His family investment fund, MFP Investors, currently manages more than $700 million. Here's his take on the market and a few stocks he's been watching.

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THE MARKET For Price, some bad news would be good news.

"Stocks are fully priced," he says. "What am I looking for? A scandal. An earnings disappointment. You've got to wait for the bad news to get a bargain."

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.