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Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals. - Andy Kessler
" "Stocks are a voting mechanism, pure and simple. They are a collective vote of expectations of each company's future fundamentals.
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About Andy Kessler
Andy Kessler (born 1958) is an author of books on business, investing and technology. Mr. Kessler also worked as an investment manager from 1996 to 2001 as a principal of Velocity Capital Management.
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Additional quotes by Andy Kessler
A product lowers the cost of doing something and eventually, customers will figure this out and buy the stuff in big volume, but they're not going to buy yet. You've got to have real conviction to step up and own this kind of company-you're staring over the edge of the waterfall, not sure when the growth is going to start.
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