4 ms·
No, it's not. You can make decisions about buying stock based on fundamentals. You can choose to buy Apple stock based on their products, and on Tesla stock bas
by d3nj4l 5y ago
No, it's not. You can make decisions about buying stock based on fundamentals. You can choose to buy Apple stock based on their products, and on Tesla stock based on their technology. You can't reliably do the same for collectibles.
- allturtles 5y agoNothing about Apple's products in 1995 would have told you to expect returns like you would have gotten over the last 25 years. Tesla's technology over the past couple of years hasn't really changed but their stock price has gone up 10x. There are no fundamentals that justify the current price, AFAICT.