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A comment on Tech bubbles are bursting all over the place. Parent comment

Re:Tech bubbles are bursting all over the place by Animats on Friday May 13, 2022 @07:06PM (#31373465)
Back in the day, there was an inherent understanding that a stock price is supposed to reflect "the fundamentals" - present value of the company + future earnings. And of course there was some amount of speculation around future earnings, but for the most part companies at least tried to be profitable.

Yes. And after each crash, people have to re-learn that.

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Re:Tech bubbles are bursting all over the place by throwaway14356 on Friday May 13, 2022 @07:11PM (#31373500)
to the moon and back
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