3 ms·
Market cap in no way equates to "created value"
by vinniejames 9y ago
Market cap in no way equates to "created value"
- malvosenior 9y agoSure it does. It's created a ton of value for myself and anyone else who didn't buy during a peak.
- bduerst 9y agoIf I buy a grain of sand off of a beach for $1, the market cap of that beach is trillions of dollars. That doesn't mean the beach produced trillions of dollars.
- umanwizard 9y agoPlaying roulette can create value too, if you're lucky enough.