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Over the long run dividends would be a very small percentage of the added value by new investment money coming in and increasing the share price.
by izzydata 4y ago
Over the long run dividends would be a very small percentage of the added value by new investment money coming in and increasing the share price.
- nradov 4y agoNo that's completely wrong. You seem to have misunderstood the basics of DCF valuation. That is literally Finance 101. Irrational investors can create temporary bubbles in the short to medium term, but ultimately over the long term stock values always revert to cash flow.