Ray Katz
Jan 6, 2022

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I think capitalism is dangerous cruel bullcrap. BUT, if you believe in capitalism, then the stock price is determined by supply and demand and it’s worth exactly what people are willing to pay for it.

Warren Buffet doesn’t determine stock price. The vast market of people who buy stock do.

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Ray Katz
Ray Katz

Written by Ray Katz

Internet pioneer. But I’m most interested in stabilizing the Earth’s climate and promoting our common humanity. WeAreSaners.org

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