3 ms·
I agree, you are technically correct which is the best kind of correct I guess but it's irrelevant IMHO.
by mrtksn 3y ago
I agree, you are technically correct which is the best kind of correct I guess but it's irrelevant IMHO.
- JumpCrisscross 3y agoIt’s actually fundamentally germane to your argument, since in private markets one doesn’t have “large market cap changes because what you are observing is just live betting.” What input you use as “price” is the relevant bit, with the CNBC reductive convention of price = last trade being the source of your problem, not market cap per se.
- mrtksn 3y agoI see point, maybe I should have been clearer.