Anatomy of a Bubble – Tesla and Bitcoin

Re:Anatomy of a Bubble – Tesla and Bitcoin by sassypotato on Wednesday September 02, 2020 @08:57AM (#24352725)

> If they keep growing at And that's where the falacy is. Nothing keeps growing forever. Past performance is no guarantee of future results.

You don't need great analysis to see that something that has appreciated 131 times in less than a year is a bubble, unless they cured cancer or seriously undersold at their IPO. And no one undersells by that much.

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Re:Anatomy of a Bubble – Tesla and Bitcoin by SpicyLemonZest on Wednesday September 02, 2020 @09:39AM (#24353091)

I'm not sure what it means to count up the number of times a stock has appreciated in a year. A stock with steady, reasonable 2% annual growth could in principle appreciate on every trading day.

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Re:Anatomy of a Bubble – Tesla and Bitcoin by 0xffff2 on Wednesday September 02, 2020 @01:01PM (#24355211)

I think GP means that the stock is worth 113x what it was a year ago, although that seems to be off by a factor of ~10 for Tesla.

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Re:Anatomy of a Bubble – Tesla and Bitcoin by Someone on Wednesday September 02, 2020 @10:56AM (#24353873)

Only if every trading day brings news about the company or its competitors that is surprising to investors (and makes them value the company higher)

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Re:Anatomy of a Bubble – Tesla and Bitcoin by vardump on Wednesday September 02, 2020 @09:29AM (#24352983)

> something that has appreciated 131 times in less than a year

What has appreciated 131 times in a year?

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