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That's it! Eureka! What all this silly pundits fail to do and realize is that the valuation for these companies isn't, and shouldn't be calculated with, simple
by jrs235 15y ago
That's it! Eureka! What all this silly pundits fail to do and realize is that the valuation for these companies isn't, and shouldn't be calculated with, simple math!
If I purchase 1% of a company for $1,000,000 the simple math valuation (according to my opinion and what I paid) is a company valuation of $100,000,000. Except, people are paying PREMIUMS for these stocks. A premium is an amount above and beyond the actual value of the item. What's the premium value? We don't know?! The media and pundits need to stop using simple math and shouting about it. But they won't, because PR teams are behind it and it makes headlines!