As the years passed, Pippen was acknowledged as a valued member of the so-called supporting cast but was, in a larger sense, undervalued as merely the largest moon in orbit of the planet Michael.
But that may be an indication of how hard it has been recently for Mr. Buffett to find undervalued large-capitalization stocks in the United States market, Mr. Neenan said.
Forthcoming Stock Focuses will look at technology stocks that are possible buyouts, companies with rising profit margins, undervalued large-cap stocks and what the funds that are beating the S&P 500 have been buying.
The object of the model is to provide a mix of stocks that will deliver an "enhanced" return over an unmanaged index, in this case undervalued large-cap stocks.
Real estate prices in Las Vegas have soared in the last several years, leaving some to conclude that casino stocks with large Las Vegas holdings are undervalued.
If detected, undervaluing large gifts to one's children could provoke large penalties from the I.R.S.
Countries such as China (take a look at the iShares FTSE/Xinhua China 25 Index ) and Brazil boast substantial current account surpluses, larger foreign currency reserves, undervalued currencies and stable inflation rates.
Third, the monkeys systematically undervalued the larger numerosity dot arrays compared to the numerals, despite the repeated association of each with equivalent rewards.
"I'm a big believer," said David C. Nelson at Credit Suisse First Boston, who insists the shares are undervalued, despite a large amount of debt.
