The impact of growth expectations on current prices
This article presents a very stylized argument. I want to highlight that, everything else equal, rising demand will lead to rising prices, but an investor will not get higher profits given that everyone is rational.![Cover price impact growth](https://images.ctfassets.net/i0qyt2j9snzb/2Mnl3D09JoRob0T1sp2xqL/9d0db16da47f6375b50a3693257e9075/Cover_price_impact_growth.png?fm=avif)
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