Oh, well... back to the Photoshopped economy.
Sigh.
Evaluating securities has always required judgement. That has always been the rule and will always be so.
It may help to bring and end to the firesale valuations that are now the rule.
I wish more people would research securities rather than just jump on them because someone says to. I had a friend who lost 8 million because he followed the advice of his sons who said “Buy Enron, Coastal and WorldCom”. He lost the 8 mil in one day or so. He didn’t do his homework.
Such a good expression, I'll borrow and use it. Thanks.