logoalt Hacker News

abirchyesterday at 10:59 PM1 replyview on HN

“in the short run, the market is a voting machine… but in the long run, the market is a weighing machine.”

Ben Graham


Replies

sporkxrocketyesterday at 11:25 PM

It seems like something is broken since TSLA (for example) has been completely divorced from fundamentals since at least 2020. The richest man in the world has the vast majority of his net worth derived from vaporware and straight up fraud. Still wondering when the "weighing machine" kicks in.

show 2 replies