Dec 4, 2021
Caveat: 74% overvaluation doesn’t mean it takes a 70% drop to come back to “normal valuations”. If a market is priced 1.74x its fair value, it would take about a 42% drop to bring it back to fair value (1.74 * 0.58)
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Written by Yatit Thakker
Renaissance Engineer. Entrepreneur. Passionate about technology, education, and the environment.
