P̴i̸x̶e̶l̶l̸e̴3̸D̵.̸e̵x̴e̶@lemmy.dbzer0.com to People Twitter@sh.itjust.worksEnglish · 1 year agoThe Metaverse made $470.lemmy.dbzer0.comimagemessage-square106fedilinkarrow-up1481arrow-down120file-text
arrow-up1461arrow-down1imageThe Metaverse made $470.lemmy.dbzer0.comP̴i̸x̶e̶l̶l̸e̴3̸D̵.̸e̵x̴e̶@lemmy.dbzer0.com to People Twitter@sh.itjust.worksEnglish · 1 year agomessage-square106fedilinkfile-text
minus-squareJustEnoughDucks@feddit.nllinkfedilinkarrow-up52arrow-down1·1 year agoThis, my friends, is why the speculative stock market and company valuations is complete and utter bullshit. It literally has 0 basis in reality. It has only to do with how good at marketing the company and its exec board is to shareholders and hedge funds.
minus-squareexpatriado@lemmy.worldlinkfedilinkarrow-up19·1 year agoalmost like investors live in a virtual reality
minus-squaregonzo0815@sh.itjust.workslinkfedilinkarrow-up8·1 year agoThe basis in reality is called hype. There are a lot of goods with low or no intrinsic value that are expensive anyways because of hype.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up4·1 year agoI’d swear I just read something on HackerNews about how real value only comes from marketing.
minus-squareMxM111@kbin.sociallinkfedilinkarrow-up3arrow-down1·1 year agoThis is why it is called speculative.
minus-squareShustOne@lemmy.onelinkfedilinkarrow-up2arrow-down1·1 year agoI mean that’s why it’s called speculative. You’re looking at the future. Most times it will be dead wrong.
This, my friends, is why the speculative stock market and company valuations is complete and utter bullshit.
It literally has 0 basis in reality. It has only to do with how good at marketing the company and its exec board is to shareholders and hedge funds.
almost like investors live in a virtual reality
The basis in reality is called hype. There are a lot of goods with low or no intrinsic value that are expensive anyways because of hype.
I’d swear I just read something on HackerNews about how real value only comes from marketing.
This is why it is called speculative.
I mean that’s why it’s called speculative. You’re looking at the future. Most times it will be dead wrong.