3 ms·
This is true in the short run, but not in the long run.
by harryh 6y ago
This is true in the short run, but not in the long run.
- metalliqaz 6y agoI think all you're saying is that eventually sentiment bends toward economic reality.
- harryh 6y agoNo, I'm saying that eventually the value of a company is based on actual economic reality and not sentiment. Companies are either profitable or not. They either grow or not. In the end, share prices are based on these things, not just the whims of investors. The stock market is not trading in baseball cards.
- eyeundersand 6y ago"In the long run, we are all dead." ~Keynes
- kyuudou 6y agoKeynes, to my knowledge, never had children. The future for one's offspring definitely extends one's field of cares to give, in my opinion.