QE nightmare

There is a universal measure for any vector namely x.x or |x| but that isn't the best measure for a case where you know that some of the basis components are not orthogonal and/or have different units of measure. Insisting on having a single number for the value of every company means that you are necessarily making horrible approximations.

The cowboys (actually I think this was deliberate mispricing) in the city banks got the price of the recently floated Royal Mail wrong by nearly a factor of two and were paid handsomely for their "advice".

The price is still climbing away from the offer price of 330p and is expected to break through £6 in the New year...

You *can* buy what you want to buy, but the US market is one of the most protectionist I have ever seen even when compared to Japan. Flag wrapping of domestic made goods of inferior quality is common.

But so are their competitors' vehicles.

You still seem to measure quality by the number of cup holders fitted.

True, but trying to determine the value of a company to society without some fixed criteria is just guessing.

It may be that the U.S. market in protective, but out of the top 20 models sold , 10 are foreign companies models.

Not me. I do not pay attention to car advertisements.

Dan

I can come up with replies, but I do not find it worth replying to your posts.

Dan

Granting the dismal quality of the responses that you do come up with, this is unsurprising.

There is a lot a guessing in the dismal science in fact it is mostly guesswork. Otherwise the bankers wouldn't be able to collude to fiddle the interest, Libor and Forex rates to milk the system quite so easily.

The fines unfortunately are not large enough to discourage malpractice!

Destroying jobs and thieving money from customers ought to be punished!