Interestingly this will make the stock markets a fully political vehicle. Their information processing role will be suspended. Calculation problems will hit soon after.
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Which tribe is WSB in ?
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They created one
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for context i generally buy into your frame, but: this seems like a stretch? folks have been trying to "corner the market" on stuff for centuries when VW briefly became the most valuable company in the world due to similar dynamics in 2008, it ended finehttps://www.reuters.com/article/us-volkswagen/short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028 …
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so...
$pltr just Demoed their whole software suite, probably one of the most advanced tools humanity has as of right now and the stock fell noticeably. Probably it won't be until Q1 earnings day that the market (that only understands about $) will 'understand' the value prop.
pic.twitter.com/JFHvhPMHRe
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It's important to remember that "valuation" is a misnomer. It implies a passive observer process, an evaluation of value. By "overvaluing" stock, you're making capital more readily available to that company, which gives them the opportunity to raise their real value.
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