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Because it’s just bad math. It uses the wrong denominator. You may as well compare it to the bank balance of Bill Gates. If you add up the revenue of every c
by mr_toad 3y ago
Because it’s just bad math.
It uses the wrong denominator. You may as well compare it to the bank balance of Bill Gates. If you add up the revenue of every company it will far exceed 100% of GDP, making the comparison meaningless.
It’s been pointed out again and again. Any financial analyst should know this.
- deleted 3y ago[deleted]