Standard Deviations with Dr. Daniel Crosby cover image

Dr. Ben Hunt - Understanding the Metanarrative's Subtext: A Guide to Hidden Meanings

Standard Deviations with Dr. Daniel Crosby

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Is the Market a Voting Machine or a Weighing Machine?

Benjamin Graham never said that the market in the short term is a voting machine and the long term is a weighing machine. That's how most people have thought of people who have invested on fundamental say, well, it could be narrative, whatever. Daniel: Is there any going back to this real? You know, I don't think there is in the Potemkin village world of markets today. He says Wall Street's business is to tell you stories.

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