Regardless of how today's SpaceX launch goes, here's a thought: If SpaceX goes public, I'm going to buy it pretty much no matter what. It will be a cult stock and that cult will drive its value far more than its fundamentals will.
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Thinking of stocks as financial representations of storytelling engines is the most appealing way I’ve heard them referred to
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Thank you, Jordan! :)
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Fair point. Do you have characteristics for what a cult is (in this sense)? I was anti-Tesla for long and didn't realise the power of storytelling. It's still not clear what it is actually amd when it's a good buy.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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