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Markets are inefficient and frequently overvalue/undervalue companies. Lots of companies in tech and biotech are overvalued right now including Tesla. I haven'
by IBM 11y ago
Markets are inefficient and frequently overvalue/undervalue companies. Lots of companies in tech and biotech are overvalued right now including Tesla.
I haven't valued Tesla since 2013 but it was overvalued then so it went into the "nope" pile and I haven't looked at it again since.
- hueving 11y agoWtf are you talking about. There is no such thing as an 'intrinsic' value vs the price of a share. The market determines the value of each share. Just because that represents a higher p/e than you like just means you don't want to pay.
- hueving 11y agoWtf are you talking about. There is no such thing as an 'intrinsic' value vs the price of a share. The market determines the value of each share. Just because that represents a higher p/e than you like just means you don't want to pay.
- hueving 11y agoWtf are you talking about. There is no such thing as an 'intrinsic' value vs the price of a share. The market determines the value of each share. Just because that represents a higher p/e than you like just means you don't want to pay.
- hueving 11y agoWtf are you talking about. There is no such thing as an 'intrinsic' value vs the price of a share. The market determines the value of each share. Just because that represents a higher p/e than you like just means you don't want to pay.
- rjtavares 11y agoI'm not one to demand that people start every sentence with "IMO", but that second sentence really needed it...