2min chapter

Forward Guidance cover image

"I'm Surprised The Market's Not Down More" | Aswath Damodaran

Forward Guidance

CHAPTER

The Value Effect of Bit Coin on Stock Markets

Gold is actually a commodity which has uses. Rit yo make it for use of jewelry. There are things i think you need gold for. It's almost impossible to completely destroy gold. You ca melt it into other shapes. So as a commodity, maybe there is a value that comes from demand and supply. But i'll wager that value is so much lower than the price of gold as a collectablethat the value effect is completely dominated by the price. And how do you distinguish between something like it's impossible to value the ura, or it's Impossible to value bit coin? When there's a lot of money printing, bit coin kind of prices go up. And when

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