4 ms·

Not a meaningful amount of capital though.

• mrtksn 7y ago
  The idea here is that stock prices are determined by the people who want to pay for that stock. It's not a function of the company's operational success. What you are saying is circular reasoning, you essentially say that company performance matter because many people think that is should matter. There's no causality relationship here, essentially people think that matters because other people thing that matters.
  • xkjkls 7y ago
    No. Businesses are eventually valued by the capital they can return. Otherwise numbers are all meaningless