When the market price of a security comes unlocked from the cash flows of the underlying assets trouble soon follows. This is especially true when the market price of an entire class of securities comes unlocked from the cash flows of their underlying assets.
This is a conclusion I came to on my own about ten years ago. In more recent reading, I find that my opinion is affirmed by people who are smarter than I am. In this case, notably, William H. Janeway in his book /Doing Capitalism In The Innovation Economy/ states exactly that, and supports it.
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