Sentences with phrase «of irrational pricing»

This is only to ask whether we can move, this time, beyond this tradition of irrational pricing to some form of rational choice in how best to circulate and grow what we know.

It's how the market tends to gravitate toward fair value for most securities, even if it takes a long time and a lot of irrational pricing to get there.

The CEF universe is a strange and wonderful place, and part of the fund's wretched performance so far (it's lost more than twice as much since launch than the average large cap fund) might be attributed to a stretch of irrational pricing in the CEF market.

Not exact matches

The best explanation for the rise, according to the CEOs, is that oil hit an irrational bottom price of less than $ 35, and is now returning to normal.

History shows that investors are frequently irrational, but if there were a lot of value per share that went wanting, you can comfortably bet that share prices would have gone up.

As such, behavioral funds seek to take advantage of pricing anomalies that may exist in the continuum between rational investors and irrational investors by tracking their sentiment and decision - making.

It has often been couched in terms of using monetary policy to prevent or deflate asset - price bubbles — perhaps to dampen irrational exuberance in stock markets.

There is probably truth in both of those, but I do think it is important, in considering claims of irrational exuberance, to note that the earnings price ratio - interest rate relationship is in a very difference place than it has been in past peaks.

«I also found it difficult to integrate the efficient - market hypothesis (that everything in the stock market is «known» and prices are always «rational» with the random - walk hypothesis (that the ups and downs of the market are irrational and entirely unpredictable).

They consider four sources: (1) increases in actual and expected dividends; (2) perceived probability and the fact of a reduction in the corporate tax rate; (3) decrease in the U.S. equity risk premium; and, (4) an irrational price bubble.

High - frequency traders have closed this difference to two - tenths of a penny today through competition among themselves to capitalize on irrational price differences.

While I agree, I'd offer that more important to the sustainability of religion is the promise of immortality (for the small price of irrational belief).

That said, despite the substantial price supplement likely to be asked for it, the Paceman will still look like a bargain when compared with a Range Rover Evoque three - door, and in the grand scheme of things it's no more irrational a choice.

Cost — this is largely a legacy issue through years of rather irrational pricing in the print publishing industry.

The things you should be looking for in a custom writing company are services for all needs, affordable pricing and flexible discount system, free revision policy, money back guarantee, and a great team of writers capable of impressing your irrational professors.

I'm convinced they'd do well to reissue a reboot of the Note 12.2 (which was definitely ahead of its time) with a much more premium look in contrast to riding the fence on quality output vs. irrational price points.

Bull markets — periods in which prices as a group tend to rise — and bear markets — periods of declining prices — can lead investors to make irrational choices.

RiverNorth Opportunities (RIV): This is the closed - end fund for serious investors who know there's a lot of money to be made in the irrational pricing of closed - end funds, but who don't have the time or expertise to construct such a portfolio on their own.

The lesson is that investors should assess the real performance of the companies they invest in, and not get carried away by the often irrational prices that occur in the stock market.

For some, this is an opportune time to buy the dip because it is an irrational selloff; for others, it represents a fundamental price change based on the new value of assets in a post-Brexit world.

It is just that what is rational for those affected by immediate market price impacts, tend to be irrational from the point of view of those involved with long - term fundamentals.

In contrast the often erratic and mostly irrational daily short - term volatility of stock prices in general is not.

This lack of buyers isn't that irrational, irrespective of price... to explain: I might buy AVGR again, but I'd definitely need some real clarity / improvement with the Ukraine situation & ideally the company's own (corporate governance) situation, and I'd be happy to happy to pay up on the share price in those circumstances — obviously, that's not going to happen today... or by who knows when.

If you think in terms of opportunity costs, it seems irrational to adopt any investing rule unconnected to whether the position is undervalued and safe per traditional Graham / Buffett value metrics like PE, price to cash flow, debt to equity, current ratio, and DCF analysis.

The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants.

Because of informational lags, or irrational exuberance on the part of speculative investors, a company's stock price can become detached from its true value.

So the market fails to be «rational» (in relation to pricing volatile stocks) not because major market participants are irrational, but rather because they are rationally pursuing a goal other than maximization of risk - adjusted return — namely, the goal of keeping their jobs by not lagging the benchmark.

Shiller is saying that the portion of stock prices that is caused by irrational exuberance is not rooted in economic realities, it is cotton candy nothingness that is fated to disappear into the mist in time.

Note how ORCL's price departed markedly from either the orange - line or blue - line measures of true value in the period of irrational exuberance of 1998 - 2000, then plunged back down in the tech bubble's crash from 2000 - 2002.

Baskin delves further into his model with a series of prints of tulips embellished with gold leaf; questioning how value is defined, particularly in regard to the tulip, a rather ordinary item that came to command extreme prices, they reflect the irrational and almost metaphysical foundations of economic desire.

«Art prices are determined by the meeting of real or induced scarcity with pure, irrational desire, and nothing is more manipulable than desire.»

How do those who argue for «values» as a primary input to policy analysis justify the cost of values judgements that cause government to waste huge amounts of public money funding irrational policies — such as carbon pricing and incentives for renewable energy?

And the work of the few who do, is biased by their ideological beliefs — e.g., advocating irrational policies to justify mandating and subsidising renewable energy and imposing carbon pricing schemes.

These sorts of statements are used as the basis for irresponsible, economically irrational policies, like carbon pricing, Kyoto Protocol, mandated and very heavily subsidised renewable energy, etc..

Fisheries around the world have suffered from similar histories of collapse caused by irrational exploitation encouraged by pricing based on greed and thin air.

Krugman's praise for the U.S. acid rain program is somewhat muted, perhaps because he recognizes that a system that currently prices SO2 emissions at a level roughly one - tenth of original price expectations — and one - hundredth of the economically justifiable price — is fundamentally irrational.

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When asked about Augur's rocky «initial coin offering,» the cryptocurrency equivalent of an initial public offering which took place on rival exchanges such as Poloniex and Kraken, Ehrsam attributes the post-debut price slump to «some irrational exuberance prior to the launch.»

When Bitcoin broke through the $ 10,000 price mark last November 29, 2017, on its way up, the financial news media went absolutely crazy over the cryptocurrency, bringing a great deal of attention to it, and in many ways creating an «irrational exuberance» among newcomers to the market, leading to the significant rise in demand, and the rapid price increase.

Is the currently staggering price level of Bitcoin, which is to a great extent caused by hedge funds and other financial players buying Bitcoin at the moment, therefore just irrational speculation for profit as greater fool theory suggests?

From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of «irrational exuberance» (this is also untrue as prices are not at peak -LSB-...]

From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of «irrational exuberance» (this is also untrue as prices are not at peak levels when...

«Today's condo market does not involve the irrational speculation of the mid-2000s, when renters fled apartments to get a share of the expanding home price pie,» CoStar Group reports.

From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of «irrational exuberance» (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.

These «mis - priced» REITs have simply fallen out of favor based on their irrational trading attributes.