3 ms·
Strictly in the sense that over time it measures something. In the short term peoples opinions matter, in the long run company performamce matters. The stock
by rmrm 7y ago
Strictly in the sense that over time it measures something. In the short term peoples opinions matter, in the long run company performamce matters. The stock price relates to earnings and capital efficicency etc over the long haul.
- bo1024 7y agoThat makes sense for one company's stock price versus another's. But it doesn't help me understand how the average behaves...