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TIP554: Mental Models for Successful Investing w/ John Jennings
We Study Billionaires - The Investor’s Podcast Network
The Middle Model: The Stock Market's Not the Economy
In the economy and in the stock market, you have actors that are intelligence called agent. So they don't operate on rules of physics like Newtonian physics or even the theory of relativity. The true value of a company is what the market says it is, which means everybody else. And so people bought shares of GameStop because they thought other people would buy shares of Gamestop.
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