Your brother calls you on the phone telling you that Googles share price has fallen by about

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Your brother calls you on the phone telling you that Google’s share price has fallen by about 25% over the past few days. Now you can own one small slice of Google for only $540 a share (the price on the day this question was written). Your brother says he is pretty sure the stock is going to head back up to $700 very soon and you should buy. Should you believe your brother?
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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