Intrinsic value doesn’t seem like it can be intrinsic if it uses extrinsic inputs like risk free rate and equity risk premium. This all seems influenced by human social practices and rituals, and that is okay. Have been wondering about this lately.
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Replying to @LAForeverHall
THANK YOU! I've doubted myself so much on this thought because I never worked on Wall Street and wondered if I'm crazy or missing something obvious.
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