https://www.investopedia.com/article...nsic-value.asp
I think Adam is conflating the risks of common stock ownership with the concept of intrinsic value. That there are appreciable risks does not mean there is zero intrinsic value.
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Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 04-12-2025 at 08:39 PM.
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