4 ms·
When the fed is printing money, valuations don’t matter. Just for reference, Rivian is a $100B company with no revenue and potential orders for 50000 cars that
by ab_testing 5y ago
When the fed is printing money, valuations don’t matter. Just for reference, Rivian is a $100B company with no revenue and potential orders for 50000 cars that they only plan to make until the end of 2024.
In most cases , investors only care about growth. As long as they continue to see double digit growth, the stock will continue to grow . E.g TSLA. It is only when the growth stops that the stocks starts to crash - e.g. Peloton and Zoom .
- bserge 5y agoModern valuations look suspiciously like bullshit. You know that old joke "if I go to work today, I'll make $100, which in a month is gonna be $3000, which in a year is gonna be $30000, which I'll invest properly and turn into a million! I'm rich, why should I even go to work today?" (prolly butchered it but you get it). Replace the wage with potential sales/users/growth/revenue and you can see how a company selling reusable butt scratchers can be valued at billions.