The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Bernstein: "What Is Wealth?" Date:  8/19/2019  6:34 PM
Author:  Rayvt Number:  94943 of 98549

"Over most conventional measurement periods, an increase in wealth simply reflects the willingness of other investors to pay a higher price for the assets that you bought somewhat earlier.

Yes, but their opinions are not formed in a vacuum. The reason that they are willing to pay a higher price is that (if) the shares you own of the company are worth more than the old price you paid. The base is the economic value of the company.
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us