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A comment on Ask HN: Managing career progression for those with no interest in progressing?. Parent comment

Re:Ask HN: Managing career progression for those with no int... by MattGaiser on Wednesday August 25, 2021 @08:51AM (#28300979)
Stocks determine a value by constantly trading on the market. The value is whatever price the asset last sold for.

That is how we end up with our high turnover culture today.

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Re:Ask HN: Managing career progression for those with no int... by zaphar on Wednesday August 25, 2021 @09:33AM (#28301444)
The value is whatever price the asset will sell for today. This is informed by but not determined by the price it was last sold for. This difference is important.
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