May 22, 2012
Valuation and reality
22 May 2012
Posted by Andrew Kantor
This is one of those quotes that seems like it could apply in a lot of scenarios. (It happens to be about Facebook, but that’s neither here nor there.)
“There’s always a risk of buying into excessive hype, using rules of thumb for valuation that are divorced from fundamentals.” –Brian Wieser, New York-based securities analyst.