“The stock market is crazy right now!” “Stock prices make no sense!” “The market has lost all connection with reality.” “The prices of stocks are wrong.” No. The models that lead to these conclusions must be wrong. I don’t know the correct model, but here is what I do know:
Updating your models
Updating your models
Updating your models
“The stock market is crazy right now!” “Stock prices make no sense!” “The market has lost all connection with reality.” “The prices of stocks are wrong.” No. The models that lead to these conclusions must be wrong. I don’t know the correct model, but here is what I do know: