Sure, but the market is often bamboozled in the short term. Hence crypto stocks and Super Bowl ads about nfts. The “market” was 100% wrong about the long term

Sure, but the market is often bamboozled in the short term. Hence crypto stocks and Super Bowl ads about nfts. The “market” was 100% wrong about the long term value of the tech. My point was that what a bunch of people say about tech is forgotten over time and the actual value of the tech emerges. You want to describe that in market valuation terms, fine.