The invisible hand appears to be attached to the arm of an utter cretin. But hey, I forgot, "the market is always right and properly values assets." Alrighty, then!
-- Badtux the Snarky Penguin
In a time of chimpanzees, I was a penguin.
The religious right is motivated by the suspicion that someone, somewhere,
is having fun -- and that this must be stopped.
Tuesday, January 19, 2010
Quote of the day
Explaining how investors can value a worthless company at $500M: "A market can't regulate the intelligence of investors." (H/T).
1 comment:
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Not much you can do about the intelligence of voters either.
ReplyDeleteWe are SO fucked.
JzB