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So Enron's valuations before its collapse were "right"? dotcom bubble valuations ca. 2000 were "right"? Your claim seems obviously wrong except in the tautolo

So Enron's valuations before its collapse were "right"? dotcom bubble valuations ca. 2000 were "right"? Your claim seems obviously wrong except in the tautological sense that the "right" valuation is whatever the market says it is.

atian 6y ago
Yes, it's rhetoric but also everyone forgets that the stock market is a game.