Didier Sornette quote

Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.
Didier Sornette

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Why Stock Markets Crash: Critical Events in Complex Financial Systems (Princeton Science Library)
Why Stock Markets Crash: Critical Events in Complex Financial Systems (Princeton Science Library)
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