Re:AMD passes Intel in market cap
by elromulous on Monday August 01, 2022 @02:08PM
(#32309921)
To reply to some of the comments:
* Yes, something is worth what someone is willing to pay. But we know Mr market is temperamental and irrational, so really what I'm saying is, in the long term / low pass filtered version, do we really think Tesla is worth more than the next 10.
* Re anecdotes in which market cap is correct - this doesn't prove anything. E.g. a random number would be correct some of the time also.
* Yes, something is worth what someone is willing to pay. But we know Mr market is temperamental and irrational, so really what I'm saying is, in the long term / low pass filtered version, do we really think Tesla is worth more than the next 10.
* Re anecdotes in which market cap is correct - this doesn't prove anything. E.g. a random number would be correct some of the time also.