wade101

讨论

转发//

讨论

That the stock market is a zero sum game, If you take out the value creation by the companies, is very well understood.
How to separate out investor and speculator is an interesting question, but seems to defy clear-cut delineation. One way to look at it is perhaps: if yo...

讨论

对@ProfGillis 说：Are you saying we can still not assume that cash in balance sheets has been thoroughly audited at this point?

讨论

对@ProfGillis 说：now that the accounting firms have stepped up their efforts, can we at least assume that they have at least verified companies' cash in the banks? Thanks