we are saying we cant find anything better. Lets assume you had a
saving account, earning 5% or sell it at 1.2x? Every dollar invested
has returned more than a dollar, more intelligent to leave the money
and sell off shares if you want the income. the logic is
unquestionable the reality is uncertain, there is an end to it at some
point. when the time comes that 1 is buying 0.90 we will declare a
divident, when we announce it the stock should go down and it will,
because we lost our ability to compound wealth.
CM - if you want to sell some stock to buy somethign that is ok?
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