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by datsci_est_2015
18 days ago
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> The fact that people are paying an implied valuation of 2T for it currently is a strong signal IMO. Strong signal of what? You’re mixing the colloquial concepts of price and value, imo. Price is where people who want to sell meet people who want to buy. There are entire industries dedicated to evaluating assets, i.e. assigning them a value, many of which do not have a “price” because they are not for sale. Morningstar is part of one of those industries. |
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