Comment on How is the Stock Market keeping it's value after *points to everything*?

• OldManBOMBIN@lemmy.world ⁨1⁩ ⁨day⁩ ago

  And these things are truly worth a fraction of their assigned value - and no value at all to those who aren’t interested in them. The plumbing inside Microsoft is worthless to me except to maybe make a bong, but it’s worth billions to the company that requires them.

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• technocrit@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

  these companies still have infrastructure, brands and products.

  And you assume this has intrinsic value? Brands and products?

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  • Septimaeus@infosec.pub ⁨1⁩ ⁨day⁩ ago

    And you assume this has intrinsic value?

    I assume they’re making a point about hard assets versus pure speculation, like comparing real estate to crypto coins, since only markets based on pure speculation nose-dive at the first bad omen.

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  • shalafi@lemmy.world ⁨1⁩ ⁨day⁩ ago

    If you woke up tomorrow and had full rights to the name Coca Cola™, would that not be of extreme value to you? Of course it doesn’t have the intrinsic value of a gold brick, but it’s still valuable and stock fluctuations won’t change that fact.

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