Perhaps a more accurate phrasing would be "Most people (incl. employees) overvalue the stock they got", or that employers will try to pass off stock as worth mo

Perhaps a more accurate phrasing would be "Most people (incl. employees) overvalue the stock they got", or that employers will try to pass off stock as worth more than they are actually worth. e.g. if you're offered 1,000 shares, it's highly unlikely they are worth €100,000,000.