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To: Real Man who wrote (1844)7/2/2021 3:10:01 PM
From: Sun Tzu  Respond to of 10550
 
This is true. But this has always been true on both fronts: (1) valuations are based on perceptions and if you don't get it right you get burnt, and (2) valuations are based on risk free rate and the perception of what the Fed will do with it.