> There are many firms who could create value if only they had more capital to work with. Those don’t need to be misvalued to get capital, they just need to be

> There are many firms who could create value if only they had more capital to work with. Those don’t need to be misvalued to get capital, they just need to be properly valued. In fact if they cannot get the capital it’s because of misvaluation! And other misvalued firms that will destroy value get that capital instead.