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And here I've been told that the market price is the price, because that's the price, and don't get emotional about the market. I guess that only applies when
by _jal 6y ago
And here I've been told that the market price is the price, because that's the price, and don't get emotional about the market.
I guess that only applies when the 'right' people are involved?
- johnhartigun 6y agoSee, this is what I mean by clueless. Price and valuation are completely different concepts. An asset that will never generate any cash has a valuation of zero, but its market price could be anything.
- _jal 6y agoSee, this is what I mean by how econ 101 reasoning makes people weirdly arrogant and impossible to talk to. Parent is so quick to try to score a point arguing definitions that they entirely missed the point.
- johnhartigun 6y agoI'd be happy to discuss substance but your comment brings up no actual points, only ad hominem.