Comment by rcxdude
6 months ago
The stock market is not the root of the value, it's where the value (and plans for generating more) is put to a popularity contest.
6 months ago
The stock market is not the root of the value, it's where the value (and plans for generating more) is put to a popularity contest.
Determining value of a thing IS how well it does in a popularity contest. That's all economics is. If your apples are fundamentally less sought after - and popular - than my potatoes, your apples are cheaper than my potatoes.