hhahah cuz we know the stock market is all real numbers
Comment on Five People Founded Tesla, But Only Elon Musk Became Extremely Rich
kpw@kbin.social 1 year agoAccording to the stock market, yes. If you know otherwise, go make some money of them.
originalucifer@moist.catsweat.com 1 year ago
kpw@kbin.social 1 year ago
Yes? At least people on the stock market are putting up their money instead of just talking.
originalucifer@moist.catsweat.com 1 year ago
meh. most of us call it gambling, and the house has the advantage. lets not kid ourselves that there are real valuations in play here
Steve@communick.news 1 year ago
It is all real numbers.
AnonStoleMyPants@sopuli.xyz 1 year ago
Weird that people argue about this. If the value of a company is being talked about, then stocks is what people generally refer to. Now, if you’d specify and talk about some other value, then sure, but if only “value” is being mentioned I see no reason to think it would mean something else than stocks.
TigrisMorte@kbin.social 1 year ago
stocks are unstable and they only provide actual value when sold. Thus, for some, it is at best an imprecise measure. Thus People don't like it and some simply refute the valuation. The fact that it remains the only viable source for valuation is not relevant to them.
Just a different PoV (world view as to what is valuable in life) which is not catered to by the available data.TWeaK@lemm.ee 1 year ago
A big part of trading stocks is assessing value independent of the stock price. You want to buy stock when it is undervalued and sell it when it is overvalued. Tesla seems to be in the latter position, IMO.
nxdefiant@startrek.website 1 year ago
It’s definitely overvalued, but that’s because it’s currently valued as the biggest automotive company on the planet.
Syntha@sh.itjust.works 1 year ago
The market can remain irrational longer than you can remain solvent.