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>everything that you like about it will have already been analysed in deep detail by the market, and priced in. This sounds like some religious creed, with dog
by andrepd 7y ago
>everything that you like about it will have already been analysed in deep detail by the market, and priced in.
This sounds like some religious creed, with dogmatic status. You do realise that The Market, hallowed be its name, is just people, and people are (often) wrong. The recent high profile news about wework should be a great example of this, or indeed any regular observation of our world.
He just thinks the stock is going to go up in the future, based on his observations. What's so strange about that?
- peteretep 7y agoNo, he thinks the company has an interesting and strong business model, which is not the same as saying the stock will go up.