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Is this the only reply you can come up with in this post? Maybe some people want to have legitimate discussions on valuations.
by Fyrezerk 3y ago
Is this the only reply you can come up with in this post? Maybe some people want to have legitimate discussions on valuations.
- eru 3y agoTo expand: you can be an armchair speculator about companies being 'overvalued'. But the market consensus is what it is, and it's likely the best estimation for the expected value of the discounted future returns of the company. (And if it's off, you can bet against that consensus.)