Valuation Methods : so-called Fundamental, Sentimental, Technical

 Everything beyond book value is a sentimental indicator, because it's a "what if". 

• The allow-list : the only reason people call some of those other things "fundamental" is because they put their faith in certain counterparties, and scenarios. 
• The deny-list : the only reason people call some of those things "sentiment" is because they personally don't have faith in certain counterparties, and scenarios.

The funny thing about technical analysis is that it belongs in the fine arts. It's basically just music and dance. The even funnier thing is that this isn't taught in liberal arts curricula ... the original liberal arts included music and geometry ... skills which separated non-slaves from slaves.

Further banter :

Reminder on valuations :

- goods and services have no true intrinsic value

- the nominal intrinsic value of goods and services is what legal entities will pay for them

- so predictable valuation forecasts, depend on predictable legal entities

- the art of valuation, is forecasting the emotional enslavements of 8 billion plebs

- what will their infatuations do, next?

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