3 ms·
To reply to some of the comments: * Yes, something is worth what someone is willing to pay. But we know Mr market is temperamental and irrational, so really wh
by elromulous 4y ago
To reply to some of the comments:
* Yes, something is worth what someone is willing to pay. But we know Mr market is temperamental and irrational, so really what I'm saying is, in the long term / low pass filtered version, do we really think Tesla is worth more than the next 10.
* Re anecdotes in which market cap is correct - this doesn't prove anything. E.g. a random number would be correct some of the time also.