Fiction blurring with reality can cause a regime shift; an overvalued asset can be used to acquire cheaper assets and increase its own value. The fiction influences the reality. The overvalued asset wasn’t “worth” what it was trading for, but at the same time it also was!https://twitter.com/LAForeverHall/status/1263913713901252608 …
-
-
Teledyne is probably the best historic example of this in the investing sphere. The company was built (and disassembled) largely by blurring fiction with reality. No shock when the father of information theory was on the board.
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.