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this isn't how the stock market functions at all however. you described how a nonpro/retail participant on /r/stocks or wsb believes the stock market works.
by getlawgdon 6y ago
this isn't how the stock market functions at all however. you described how a nonpro/retail participant on /r/stocks or wsb believes the stock market works.
- WA 6y agoThis is actually a very plausible explanation for the valuations of Bitcoin and Tesla and, to a certain extend, this is exactly how the stock market operates right now. Maybe it didn't work that way in the past, maybe it won't in the future, but the current environment seems to be very much like how the parent poster described it.