To spot a sucker game, keep a careful eye on the difference between value and valuation. When valuation of some asset goes way, way up all of a sudden, you have probably spotted one. Then carefully determine what the sucker game is all about in the larger scheme of things, and what the market is trying to do here. Suckers are smart, lazy and loud, and t…
Sucker Games
What does it mean when an asset goes way, way up all of a sudden?
