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A comment on Nasdaq Sinks 5% as Investors Retreat from AI Trade After Election. Parent comment

Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by brightball on Thursday November 05, 2026 @01:40PM (#50382740)
"In the short term the market is a popularity contest; in the long term it is a weighing machine." - Warren Buffett

Here's the valuation though. Percentage of total web traffic going through Cloudflare.

- 2016 ~3.9%

- 2017 ~5.3%

- 2018 ~6.6%

- 2019 ~7.6%

- 2020 ~11.2%

- 2021 ~15.4%

- 2022 ~19.4%

- 2023 ~18.0%

- 2024 ~18.9%

- 2025 ~19.2%

- 2026 (early) ~20.9% (with later snapshots higher, up to the mid-to-high 20s)

Combine that with consistently excellent execution and popularity, you get the valuation.

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Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by s-kymon on Thursday November 05, 2026 @01:44PM (#50382787)
The quote comes from Ben Graham and it goes "In the short run, the market is a voting machine, but in the long run, it is a weighing machine"

You're confusing market share with not valuation. Also, look into business cycle theory from marathon asset management.

The four most dangerous words in finance "this time is different"

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Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by bell-cot on Thursday November 05, 2026 @01:59PM (#50382960)
Not "I'm smarter than that"?
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Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by brightball on Thursday November 05, 2026 @06:49PM (#50386256)
I’m not confusing market share with valuation.

I’m saying that 1/5th of global internet traffic runs through their servers. Period. Thats significant and if anything shows that there’s potentially a lot more opportunity.

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Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by timacles on Thursday November 05, 2026 @02:25PM (#50383265)
All it takes is for that % of internet number to go down or stagnate and the narrative to change and that valuation will quickly snap back to reality.
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Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by brightball on Thursday November 05, 2026 @06:47PM (#50386241)
Sure. As would be expected.
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