A quote for the valuation purists -
“To suppose that the value of a stock is determined purely by a corporations earnings... discounted by the relevant interest rates and adjusted for the marginal tax rate is to forget that...
..people have burned witches, gone to war on a whim, risen to the defence of Joseph Stalin and believed Orson Welles when he told them over the radio that the Martians had landed” - Jim Grant
Markets, like people, are often irrational.
- Forums
- ASX - By Stock
- TGR
- Why would you short Tassals *now*?
Why would you short Tassals *now*?, page-304
-
- There are more pages in this discussion • 722 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)