cinoreus
It's far better than the alternatives
Trust me, you're yet to see the crazy outside America
Firstly, I was talking on their behalf.
Secondly even lemmy.world is kinda left leaning
Ig it should go, "Fear not the man that lost 1000 wars, especially the man that lost same war 1000 times "
What's even left on lemmy if you block everything left leaning? Might as well not come to this place
Nvm figured out. For some reason boost wasn't showing the imgur clip. I switched to Voyager and I can see the link.
I can't see the video for some reason....
You're underestimating how short term people's memories are.
I mean, isn't a company's valuation decided by the company themselves? Rest, when market forces are controlled by private hedge funds, asset management companies, and retirement funds, I feel normal Market rationality cannot be assumed. Market ownership right now is highly concentrated in these entities, and they have all the incentives to keep these valuation up for the reasons you stated.
It's interesting that the more you learn about the market the more it looks like a ponzi scheme😂
His net worth is inflated even by American standards where net worth is already insanely inflated.
A lot of times, company evaluation is calculated by being roughly 10x it's yearly revenue. Alphabet, meta, all fit this. Space X is literally valued close to 100x
