Renaissance Technologies

4050.706 - 4070.98 Ben Gilbert

Exactly. Yes, looking at the quoted price of an asset is wrong. You actually should be looking at what is the volume that is willing to buy and what is the volume that is willing to sell. And for all of those buyers and all of those sellers, what are the price at which they are willing to transact? And the way that tends to manifest on a stock chart is here's the price of a share right now.