Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Oh Look, It's A RampJob! (Apple); entered at 2012-04-25 07:23:24|
Correct Mayor. |
But see, the problem with all this crap is that in the end the value of a stock is the discounted cash flow of the dividend stream -- nothing more.
Everything else is about exponential growth, which must always end at some point. It is the refusal to recognize this that leads people to stick around thinking the next guy will show up and when he doesn't....