This internet and the liquidity of stocks can play mind games with an investor , if you have a bit of land worth around the same value as say Alexium you do not look at local land values on a daily basis , but we look each day at the value of our investments with the usual incorrect assumption that if it has gone up or down 20% that the intrinsic value (NPV) has also changed at a commensurate value
Mind you back in the 50s everyone was focused on the likes of Tooth and Co, Drug Houses of Australia , ICI Mires Emporium ,Burn Philip and Co, no banks even in the top 50 companies , and virtually no miners except for Broken hill/North broken hill and Consolidated Zinc/Electrolytic Zinc and Mt Isa when they went to the pub to chin wag (obviously not me) and then there was the Poseidon bubble in the 70s guess the media has a lot to answer for .
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