Comment by philipallstar
2 days ago
Not when it comes to share prices. Share prices change all the time. Why would they if we could value them perfectly? Just think about it a little.
2 days ago
Not when it comes to share prices. Share prices change all the time. Why would they if we could value them perfectly? Just think about it a little.
What asset's value doesn't change?
A painting can be valued. A vintage car can be valued. A movie script can be valued. My house's value changed a bunch during COVID; I'm still taxed on it! Each is an asset; none of these examples can be perfectly valuated; each may see its value change dramatically over time, but you can still estimate its worth pretty well.
Hell, I can put my house address on Zillow and get an estimate in real time.