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"Given the history of economic valuation in this industry, I think being critical is more than justified." Truthfully, being critical without knowing anything
by chaddera 16y ago
"Given the history of economic valuation in this industry, I think being critical is more than justified."
Truthfully, being critical without knowing anything about Groupon's balance sheet is even more outlandish.
- michaelchisari 16y agoIt was more a general statement about the industry, so I would like to address that point: Given that none of us here are privy to most of these company's balance sheets, and as pointed out before, given our industry's history of overvaluation, I think that being critical is a much more prudent response than optimism or blind trust.