Is price replacing value in markets? A financial nihilist's take

In this episode of Stocks In Translation, Yahoo Finance markets and data editor Jared Blikre and producer Sydnee Fried welcome Demetri Kofinas, the host of Hidden Forces podcast, for a deep dive into the concept of financial nihilism.

Coined by Kofinas in 2019, the term "financial nihilism" refers to the belief that financial planning, investing, or wealth building is meaningless or futile. Kofinas’ philosophy of financial nihilism arises from the growing disconnect between price and value.

“Markets are about finding the intersection between those two points and trying to buy below, at a price below value,” Kofinas. “Eventually the thing appreciates in line with expectations or underlying value.”

Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio.

Find this episode's transcripts and more episodes of Stocks in Translation at https://finance.yahoo.com/videos/series/stocks-in-translation/

Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Stocks in Translation is hosted by Jared Blikre and Sydnee Fried, and produced by John Tejada and Shelby Boamah.

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