Do stocks behave like Rembrandt paintings? Answer: sometimes they do - in the short term.
Charlie Munger, chairman of Wesco Financial (AMEX: WSC), spoke in 2000 about the price of a stock coming from a number of different places: It's valued like a bond, like a claim on earnings, and also like a Rembrandt painting, which tends to go up in value for the sheer fact that it has recently gone up in value.
