Share prices deviate from fair value all the time. And the volatility of stock markets is much higher than what is justified by fundamentals. That clearly is old news, and in fact, it is so old that people have formally proven that four decades ago and were awarded the
It’s all in the earnings
It’s all in the earnings
It’s all in the earnings
Share prices deviate from fair value all the time. And the volatility of stock markets is much higher than what is justified by fundamentals. That clearly is old news, and in fact, it is so old that people have formally proven that four decades ago and were awarded the