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Stocks determine a value by constantly trading on the market. The value is whatever price the asset last sold for. That is how we end up with our high turnover
by MattGaiser 5y ago
Stocks determine a value by constantly trading on the market. The value is whatever price the asset last sold for.
That is how we end up with our high turnover culture today.
- zaphar 5y agoThe value is whatever price the asset will sell for today. This is informed by but not determined by the price it was last sold for. This difference is important.