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Naver BlogEdit
Published: 2022-11-131 backlinks

Mr. Market

Imagine a man named Mr. Market, your business partner, determines the company's stock price. As long as there is no major problem with the company, he will come by every day and quote a price at which he is willing to buy your stake or sell you his. Even if you and Mr. Market maintain a stable partnership, you have no power. If you want to sell your stake or buy more, you must accept the price Mr. Market offers.

Unfortunately, Mr. Market is a poor man who is severely emotionally unstable. If he suddenly makes absurd demands or acts foolishly one day, you should just ignore him; if you are swayed by his behavior, you too will end up miserable. Think of partnering with him not because he is smart but because of his wallet, and use him.


Topics: Mr. Media
Category: Wiki/Economy

Backlinks1

Li Lu's Columbia 2006 Lecture

Scrap/VideoCreated: 24-06-03Updated: 26-08-24
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