over 1 year ago • 11 mins
Here’s a brainteaser to kick things off: if a stock is trading at $100, how much is it worth?
You might answer $100, on the grounds that a stock’s value is whatever people are willing to pay for it. And you wouldn’t be alone. According to the popular “efficient-market hypothesis”, the price people pay for a share of a company takes into account all available information about that company – both what’s happened in the past and what’s likely to happen in the future.
But not everyone agrees. Here’s what Warren Buffett had to say about things:
QUOTE: “When the price of a stock can be influenced by a ‘herd’ on Wall Street with prices set at the margin by the most emotional person, or the greediest
The 1,000-year-old Fibonacci sequence pops up all over nature, and it’s in price charts too. So find out how you can use them to understand market moves a bit better.
It may not be the most centralized crypto project, but Ripple’s XRP is still one of the biggest digital assets around. Jon explains how it works and where the opportunities might lie.
It’s the biggest crypto exchange, the second-biggest blockchain, and the third-biggest token. Jon thinks you might want its BNB token in your digital stack.