211. Why Markets Keep Rising And the Hidden Force Most Investors Have Never Heard Of
About this episode
This episode explores the two separate forces that drive stock markets higher and the concept of multiple expansion.
Most people think they understand why stock markets go up. Companies do well, prices rise. Simple, right? Not quite. There are actually two completely separate forces that drive markets higher and if you only know one of them, you're missing half the picture. More importantly, you're making decisions based on an incomplete map. In this episode: — The two engines that drive stock prices higher (and why most people only know one) — What multiple expansion is, explained with a baker...
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