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Re: no2koolaid post# 230753

Wednesday, 10/19/2016 9:37:09 AM

Wednesday, October 19, 2016 9:37:09 AM

Post# of 405136
Now DCF their perceived future cash flows, or doesn't fundamental analysis work in your mind also? Maybe value is based on future value perceived such as Tesla is, Amazon was? I don't think Behavioral economics applies to either. People simply wanted the stock more than sellers were willing to sell hence an increase in price equilibrium. The 70's so called theories still applied and Jeff B and Elon M were great promoters (eg no silence). Actually the theory goes back before "the wealth of nations". Might want to read it.
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