From: N Sent: Wednesday, May 24, 2017 12:34 AM To: Walter Block Subject: Investing and Capital Allocation Being a discerning investor when it comes to IPOs obviously helps the economy by enabling businesses which meet the needs and wants of consumers to gain the capital resources they need in appropriate quantities reflected by the price they get in the market for their stock. However, after a stock or bond is issued there is money to be made as an investor buy either buying underpriced assets or shorting overpriced ones. How does this activity benefit the greater economy or is it … Continue reading Accurate Prices Are Crucially Important