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But my MBA teachers working at FED told me that market value is a discounted sum of all future profits! How could they have been wrong?! [they somehow must have
by treprinum 3y ago
But my MBA teachers working at FED told me that market value is a discounted sum of all future profits! How could they have been wrong?! [they somehow must have a crystal ball as well, or some Turing oracle for technical analysis]
- rchaud 3y agoIt was MBAs and investment managers raising the alarm when they reviewed WeWork's S-1 in 2019 ahead of their IPO. Marc Andreessen and the other insider techbros however continue to happily preach the gospel of Adam Neumann.