Is Stock Market..Entertainment or Economics ⁉️

Greetings ‼️

Stock Market reality of present days…

TESLA – p/e ratio stands at 1,208.57 (Closed at $609.99 on Friday 11 December 2020)

DOORDASH – Unprofitable Company getting $55.59B Market Capitalization

AIRBNB – Unprofitable Company getting $82.98B Market Capitalization

However, nothing wrong in this as there is no universal theory across the Business Models through which one can understand the worth of a stock.

This is nothing less than an Entertainment “OR” systemic unfairness towards You. Agreed…Read More »