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A comment on Tesla races past $100B in market valuation. Parent comment
Can we stop pretending that any part of the market behaves rationnally?
Investors buy a stock because they think there will be someone else to buy it from them at a higher price later, that's it, they don't look further.
Everyone was already complaining about this when $TSLA was at 50$ a share...
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Can we stop pretending that any part of the market behaves rationnally?
Investors buy a stock because they think there will be someone else to buy it from them at a higher price later, that's it, they don't look further.
Everyone was already complaining about this when $TSLA was at 50$ a share...