4 ms·
See, this is what I mean by clueless. Price and valuation are completely different concepts. An asset that will never generate any cash has a valuation of zero,
by johnhartigun 6y ago
See, this is what I mean by clueless. Price and valuation are completely different concepts. An asset that will never generate any cash has a valuation of zero, but its market price could be anything.
- _jal 6y agoSee, this is what I mean by how econ 101 reasoning makes people weirdly arrogant and impossible to talk to. Parent is so quick to try to score a point arguing definitions that they entirely missed the point.
- johnhartigun 6y agoI'd be happy to discuss substance but your comment brings up no actual points, only ad hominem.