Valuation as a personal opinion
Outside the financial industry, the concept of the investor has many meanings that are partly disconnected from each other. The word investor can be used in the press to designate the financial industry in general. It can also be used to talk about people who own a house or some financial contract like a stock or a bond, either directly or via an investment fund. Its moral and political meanings vary in each case, as do the lines of reasoning for valuation and investment attributed to it. The definition of the investor in the procedures carried out by employees in the financial industry proposes yet other uses of the term. The way in which financial procedures define the investor is part of a history that has endowed this figure with specific features. Historians have shown how the meanings of the figure of the investor changed considerably during the nineteenth century in the United States. While it was used to designate an individual who was close to being a socially and morally irr