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What’s the issue? If a market cap is three times an annual GDP, it means it would take three years of that economy’s entire production to purchase the company.
by antonvs 11mo ago
What’s the issue? If a market cap is three times an annual GDP, it means it would take three years of that economy’s entire production to purchase the company. It’s obviously a very fuzzy measure for various reasons, but it can give some idea of the market value of a company.