And the value is a kind of function that depends on the potential to generate free cash flow and risks. It is also assumed that price tends to be in equilibrium with value. I agree with this point of view, but it is still a very simplified model. The fac
I submit your comment on Price and Vaue of Tesla under header above. I also submit Oscar Wilde’s not so flippant aphorism about so called pundits / persons who know the price of everything and the value of nothing.Apropos pundits I was an avid follower of leading pundits who were lauding the upwards and upwards price of Cisco and many other tech companies in the year 2000.Well we all know what happened in March 2001.