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No, the discount is due to the fact that the market believes there is a risk that Mayer will misuse the money. More generally, no, you are not smarter than the
by foobarqux 12y ago
No, the discount is due to the fact that the market believes there is a risk that Mayer will misuse the money. More generally, no, you are not smarter than the market.
- rthomas6 12y agoNever said I was. That's why I buy the index funds. :)