The reason that the stock market is so important is not because it raises money; it’s because it is putting a price on your property. Somebody else can buy you. When your stock price goes down, you’re worried, not because you can’t raise more money—you weren’t doing that anyway. But suddenly, it’s as if your house is valued at half the price of the house next door.
Content: Quotation
Author: Charles Handy
Source: Leader to Leader
Subjects: Economics, Finance, Market/Investment
Author: Charles Handy
Source: Leader to Leader
Subjects: Economics, Finance, Market/Investment
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