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381- What Happened to Google?
InvestED: The Rule #1 Investing Podcast
Is There Growth Versus Value Stocks?
The price of google has been adjusted to reflect that people buying expect it continue to grow at a very high rate, higher than other companies. The rest of the market is believing in this bit of witchcraft, that there are growth stocks and there are value stockd That they're totally different from value stocks. So they price these companies to have this massive growth. And as a result, all o these companies are tumbling. It just again underlines how short term this market really is.
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