Originally Posted by kiora "“Buyers will start accepting overoptimistic accounting adjustments and financial forecasts to justify taking on high levels of debt.” This is another more subjective one, but ask yourself this; how many times have you seen “EBITDA” or “Adjusted EBITDA” in company accounts recently?" https://www.livewiremarkets.com/wire...ket-s-bottomed Put this on the NZX50 thread --- its good
”When investors are euphoric, they are incapable of recognising euphoria itself “
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