Re: UKNM: More overvalued stocks

[Clay Shirky]

> > Where else is a confirmation of worth to come from, if not the mutual

> > agreement of the interested parties? What mechanism except supply and

> > demand could determine worth?

> 

> Agreed, but is 'the mutual agreement of the interested parties' what is

> actually going on here - other than in the most literal sense.


What's wrong with the literal sense of worth? Surely it is the literal

sense people are interested in when they are working out a mutual

agreement, no?


-clay 

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