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The Next Big Trade - Dan Rasmussen on When It’s Time for Small-Value Stocks

Real Vision: Finance & Investing

CHAPTER

Is Value Objectivistic and Observable?

I should quibble more probably within these podcasts by, you know, it's a fine judgment. And the quibble is on this notion that value is objective and observable. It's trickier than that, right? It's like, as I point out to my wife, she's got a great deal in me. But some people can't see that. You'll be sure. The problem is it's not apparent what's money good until the crisis is finally over. These things are subtle. So it's just all complicated to me. Now, when he does the sovereign debt, that if it works, it works great. You buy really cheap Argentinian or Russian sovereign debt.

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