Price & Value

“The cynic knows the price of everything and the value of nothing.” – Oscar Wilde.

If I re-wrote the first words of this quote to read, “It seems many know the price of everything…..”,

is to paraphrase that today, in financial markets that not many d their research or conduct any analysis.

One example was a recent coffee shop exchange when I was asked to name one of my preferred stock picks.

I mentioned the stock and its code, he looked at the price chart on the phone and said, “hmmm, its too expensive, its already moved from $2 to $6”.

Many know the price of everything and the value of nothing.

March 2, 2021

by Rob Zdravevski

rob@karriasset.com.au