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Even aside from all of that, I was just reacting to the overly simplified “well by definition they’re worth what the market says they are so there’s nothing to
by ido 4y ago
Even aside from all of that, I was just reacting to the overly simplified “well by definition they’re worth what the market says they are so there’s nothing to discuss beyond it”.
The stock market is routinely “mistaken” and stocks get overhyped and then crash down later (or vice versa). It’s not some omniscient deity that’s never wrong (except in a very literal and impractical way of looking at it).