There was plenty of «stupid money» and bad commercial real estate loans with incredibly high leverage ratios and
weak underlying assets that should have never been made.
Not exact matches
GDX has around $ 6 billion in
assets under management and a very
weak yield of 0.60 %, driven partly by the extremely frail balance sheets of the constituents of its
underlying index.
GDX has around $ 6 billion in
assets under management and a very
weak yield of 0.60 %, driven partly by the extremely frail balance sheets of the constituents of its
underlying index.
-- If
assets are mostly intangible or have an
underlying / more permanent intrinsic value, but current profitability's
weak, the market can be a v poor judge of valuation.
-- If a company's
assets are intangible / have an
underlying permanent value, but current profitability's
weak, the market's often a poor judge of value.