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Why? It seems like a decent way to measure how valuable something is. All of the money changing hands in a city for one year could buy you Tesla. $300 billion o
by neckardt 6y ago
Why? It seems like a decent way to measure how valuable something is. All of the money changing hands in a city for one year could buy you Tesla. $300 billion on its own has nothing I can relate the size to.
- pcr0 6y agoOne is an annual snapshot of revenue and the other is number of shares * current share price. I see how it helps with comprehending the amount, but it's a very apples-to-oranges comparison. If they compared Saudi Aramco's revenue with Hong Kong's annual GDP, that would make a bit more sense since they're both annual figures.