Big Difference between Price and Value [View article]
Don't tell that to the SEC and the FASB accountants. They all think that (exit) price is fair value. Therefore. all companies need to price their portfolios using exit prices. As a result, the market keeps getting cheaper and lending has been impaired, and hence the economy has been greatly damaged.
it is time to ignore the old metrics and stick to technicals.
-
Don't tell that to the SEC and the FASB accountants. They all think that (exit) price is fair value. Therefore. all companies need to price their portfolios using exit prices. As a result, the market keeps getting cheaper and lending has been impaired, and hence the economy has been greatly damaged.
Nov 30 17:33 pm
|Rating:
0
0
All Comments by happysoul77777 »Big Difference between Price and Value [View article]
it is time to ignore the old metrics and stick to technicals.