3 ms·
> stock market is usually correct about companies Correct about what? What people are willing to pay for the company at that point in time? Sure. What the valu
by cudgy 5y ago
> stock market is usually correct about companies
Correct about what? What people are willing to pay for the company at that point in time? Sure. What the value of discounted cash flows generated by a company over a span of years? Definitely not.