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Just remember that the market can afford to be wrong longer than you can afford to bet against it.
by NickNameNick 10y ago
Just remember that the market can afford to be wrong longer than you can afford to bet against it.
- unabridged 10y agoUsually I agree, but SYMC is at an all time high and trading at 40x price per earnings. The price already implies a massive bet on increased profits, but there is no way that is going to happen.