themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-218 days agoNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comexternal-linkmessage-square69fedilinkarrow-up1638arrow-down17file-text
arrow-up1631arrow-down1external-linkNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comthemachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-218 days agomessage-square69fedilinkfile-text
minus-squaremcv@lemmy.ziplinkfedilinkEnglisharrow-up1·2 days agoBy that argument nothing is ever overvalued because apparently that’s what the stockmarket says it’s worth. But crashes still happen.
minus-squareFreedomAdvocate@lemmy.net.aulinkfedilinkEnglisharrow-up1arrow-down1·2 days agoThey’re valued at whatever people will pay for them.
minus-squaremcv@lemmy.ziplinkfedilinkEnglisharrow-up1arrow-down1·2 days agoThat doesn’t mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.
minus-squareFreedomAdvocate@lemmy.net.aulinkfedilinkEnglisharrow-up1·10 hours agoIt doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.
By that argument nothing is ever overvalued because apparently that’s what the stockmarket says it’s worth. But crashes still happen.
They’re valued at whatever people will pay for them.
That doesn’t mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.
It doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.