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Holy shit dude! I hope you are wrong on all accounts, especially the world rulers bit. But more on point, what do you mean by size? Just valuation of their sto
by newswasboring 5y ago
Holy shit dude! I hope you are wrong on all accounts, especially the world rulers bit.
But more on point, what do you mean by size? Just valuation of their stock? Speculation on an asset makes sense when we don't know its inherent value. I can't figure out what is the inherent value of a stock any more. Does value not derive from utility now? Utility of a stock can be governance say (voting stocks) or a share in the profit. These companies with massive valuations don't generate any profits (see: Uber). So what are people speculating on actually?
- deleted 5y ago[deleted]
- MrPatan 5y agoFuture profits
- newswasboring 5y agoThey don't even pay dividends on current profits. how do you expect them to pay on future ones?