I used to distinguish investing from gambling, but I view them as the same thing now. Many are just chasing meme stocks at this point whether they’re labeled as

I used to distinguish investing from gambling, but I view them as the same thing now. Many are just chasing meme stocks at this point whether they’re labeled as such or not. Apple makes more profit in a year than NVIDIA’s forecasted top line revenue for FY2025 but their market cap is now eclipsed. It seems that concrete metrics like this are irrelevant relative to pure human emotion when it comes to estimating fair market valuation. So much so that a stock can be valued by trillions of dollars more than what you might calculate based on these business metrics.