3 ms·
It's been clear to me for a while that valuations lack any rational basis. I reached this conclusion shortly after Yo was valued at something like $10 million.
by na85 9y ago
It's been clear to me for a while that valuations lack any rational basis.
I reached this conclusion shortly after Yo was valued at something like $10 million.
- charlesdm 9y agoThere still is money to be made in a bubble. Just gotta find some greater fool to sell the shares to and book that capital gain. Which usually (at the end of the road) ends up being a pension fund.