It's unclear to me how much of it is an intentional misrepresentation vs. a convenience that ends up being misinterpreted. Those are good examples! I never thou

It's unclear to me how much of it is an intentional misrepresentation vs. a convenience that ends up being misinterpreted. Those are good examples! I never thought about the widespread use of the marginal value as a proxy for general value and its implications for society. We can integrate over all shares, I think? so, in the case of instant company liquidation, if we assume some kind of quadratic drop-off in share value, we get Adjusted market cap = (integral from 0 to 1 of x^2) * current market cap = (market cap) / 3. We can also come up with more accurate drop-offs and normalization factors.