OK, well just do a rudimentary overview like you did for me that one night in Rains. Just explain what stock prices are meant to represent. Even that would be really helpful.
“Instead, risk/reward refers to the market-demanded reward that should be attainable at a given risk.” I understand that, I think. I just think that “tech stocks” don’t offer the potential return demanded by the risk involved. Tech stocks were overvalued, so with these, the market wasn’t efficient. (I’m just throwing around terms I don’t fully understand to rile up Henry.)