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And that does put pressure, downward pressure, on the valuations of these offices.
valuations of these offices, you mentioned that they're down, you
When mortgage-backed securities defaulted because they were not profitable at all, the banks went bankrupt and the investors saw their valuations of their mortgage-backed plummet to zero.
and the investors saw their valuations of their mortgage-backed securities plummet to zero.
The real question is, if we are at the peak right now, then smart investors who understand valuations, who understand how the market works, supposed to sell their stocks now, right?
The real question is, if we are at the peak right now, then smart investors who understand valuations, who understand how the market works, supposed to sell their stocks now, right?
But in 2020, during the pandemic, technology valuations went through the roof and this fund notched up an 82% return for that year.
But in 2020, during the pandemic, technology valuations went through the roof,
second, whether those popular valuations and value antitheses upon which the metaphysicians have placed their stamp of approval are not, perhaps, merely superficial valuations.
whether those popular valuations and value-antitheses upon which the metaphysicians have placed their stamp of approval are not perhaps merely superficial valuations,
You can be all rich that you want with stock prices, with valuations in the market,
You can be all rich that you want with stock prices with valuations in the market.
and we know we have these elevated valuations.
I think I've heard from a lot of the stock analysts, even if Jenny is saying maybe they're overly bullish for her liking, when everybody thinks we're going to move higher from here and we know we have these elevated valuations.
Now, what the stock market does, which is when we think of bubbles, we think of valuations and market caps and things like this and how many billions of dollars are being invested in these six people at a $20 billion valuation, even though they just started yesterday, that's very unusual behavior.
Now, what the stock market does, which is when we think of bubbles, we think of valuations and market caps and things like this, and
The more accurate your valuations are, the better investing decisions you are going to make.
The more accurate your valuations are, the better investing decisions you are going to make.
So when we do valuations, we look at their financial statements and we see they have so much cash.
So when we do valuations, we look at their financial statements and we see they have so much cash.