In the short term, the market is a voting machine. In the long term, it is a weighing machine. If there is "real" value there it will be reflected in the price

In the short term, the market is a voting machine. In the long term, it is a weighing machine. If there is "real" value there it will be reflected in the price and if there is not, that will be reflected in the price as well. The problem is that humans are impatient and even "short term" may be a couple of decades before it all shakes out.