Market ideas and general musing from "HedgeFundSpace." Sitting and investing in Asia, looking and commenting on markets and the world with some insight, some cynicism and, I hope, a bit of humour.
No live portfolio positions will be discussed. (Please see Disclaimer at end.)
Friday, September 19, 2008
Remind me...
... what is the connection between the price of a listed company's shares as traded on the open market and the creditworthiness (which is and isn't the same thing as the rating) of that corporation?
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