2 ms·
Haha, speculative market cap machine goes "brrrrrr". The red pill here is that people think they'll be able to sell non-dividend stocks, e.g. TSLA, to yet-grea
by jdashg 6y ago
Haha, speculative market cap machine goes "brrrrrr".
The red pill here is that people think they'll be able to sell non-dividend stocks, e.g. TSLA, to yet-greater-fools (at fundamental price of "it's worth what people are willing to pay"), at better ROI than Ford's more traditional growth+dividends. Do people believe Tesla might start paying a dividend?
Not that you can do much about it! It's worth what people are willing to pay!