3 ms·

> because value depends largely on potential unrealised gain in the future Exclusively actually. Past performance is only relevant to the price as a predictor

> because value depends largely on potential unrealised gain in the future Exclusively actually. Past performance is only relevant to the price as a predictor of future success.

tc313 4y ago
Well, if we’re being nitpicky, balance sheet items such as a large net cash position (a derivative of past success or failure) are also relevant factors in the value of a company.
- parineum 4y ago
  Sure, as it relates to where the price of the stock price may go in the future.