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This is too circular. Profit is just revenue - cost. The stock values depend on current and future risk adjusted profit.
by simianwords 1y ago
This is too circular. Profit is just revenue - cost. The stock values depend on current and future risk adjusted profit.
- TylerE 1y agoIn theory. In practice the stock prices of many large companies seems to be completely decoupled from any thing even resembling economic reality. Does anyone really think Tesla is worth more than every single other automaker combined? That’s what the stock price (market cap) is saying.