2 ms·
It might and it might not. Many things have rolled down the pike that in normal markets would cause reevaluation and correction downwards. But so far they’ve al
by ianai 5y ago
It might and it might not. Many things have rolled down the pike that in normal markets would cause reevaluation and correction downwards. But so far they’ve all been pushed past.
My professors used to say “when the last stalwart holdout is sold on the premise of the irrational factors holding the market up the correction is near.” (Or something like that.)
I seem to recall it being Enron filing bankruptcy that really kicked off the Great Recession.
Oh further, anytime you have your market appraiser becoming a market participant their valuation becomes highly unreliable. This is another thing that’s just not done if you want to have a reliable indicator of an assets value and sell it knowing whether you’re getting a deal you’ll be comfortable with long term or not.