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How about the third option, both public and private companies are overvalued. And no, they can't both be undervalued, it's not possible, especially in this mark
by wahsd 11y ago
How about the third option, both public and private companies are overvalued. And no, they can't both be undervalued, it's not possible, especially in this market.
- fredkbloggs 11y agoWhile this is almost certainly true relative to the (as yet unknown) true value of most corporations, that doesn't change the fact that most people now living will never again see 3% dollar interest rates. So while the dividends you get from investing in any of these things are not worth the capital, you'll probably be dead before the principal is lost, and in the meantime you'll have gotten more than you could have by owning Treasuries. Overvalued? Yeah, for sure. Only game in town, too, until the revolution.