The conventional wisdom is that the price of a share on the stock exchange is at any moment the most accurate estimate of a security’s true value. That’s supposedly because all known, publicly-available information is embedded in that price.
Steve Denning, Contributor, Forbes
Thu, 03/07/2013 - 9:52am
The conventional wisdom is that the price of a share on the stock exchange is at any moment the most accurate estimate of a security’s true value. That’s supposedly because all known, publicly-available information is embedded in that price.