3 ms·
Yeah but market cap is at least in theory about how much money a company is going to make in the future. Not this year, not the next year but decades is already
by bluecalm 2y ago
Yeah but market cap is at least in theory about how much money a company is going to make in the future. Not this year, not the next year but decades is already pretty close (because of the discounting).
- valval 2y agoNo it’s not. It has no theoretical relationship with future earnings at all, and even if it did, that theory would be silly.