Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.


Part V, The Next Barrier, Do Stocks Talk?, p. 181 - Running Money (2004) First Edition

Andy Kessler Quotes

Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.

Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.

Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.

Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.