Will Twitter outlive ISF?

[jeremyp]

No, $38B currently.

What's your basis for that value? How did you calculate it?

 

[jeremyp]

Oh. My. God.

Even I don't have a facepalm emoji for that.

Market capitalisation is literally the share price times the number of shares. The share price is basically what the last person to buy a share paid for that share.

Suppose I start a new company. It's just an empty shell company. I create 1000 shares and I sell one of them to you for $1000. The market capitalisation is $1 million. Does the company really have that value?

You should really stop with the contemptuous stuff when you don't understand what you are talking about.

 

[Dr. Keith]

No, $38B currently.

Based on what?

 

[mgidm86]

Every well-subscribed social medium is filled with lies and misinformation. Some of them even let people openly argue for conspiracy theories and homeopathy and such.

Key word was "loser". Twitter and Trump are losers.

 

[lobosrul5]

That is truly legendary.

Read it again, this time with your eyes open.

"This house sold for $1M but it's only valued at $1M because that's what someone paid for it.


Oh. My. God.

Even I don't have a facepalm emoji for that.

.... thats... uh precisely true.

We know TSLA's market value was $344.511 billion at 4PM EST 12/27/22.

Of course a house is no where near as liquid as a publicly traded company. I only know what the market value of my house is, when I find a buyer. I can hire 10 different appraisers, and get 10 different values, and the final sell price will (likely) be even higher than that. Housing market here is still houses selling in a weekend after a bidding war.

The value of Twitter is... some number that no one has any real idea of until its sold and only if the details of the sale are public.

 

[theprestige]

Counterpoint: That's not true at all. When we bought our first house, it was not valued at the price the previous owner paid for it. When we sold it, it was not valued at the price we paid for it. When we bought our next house, same thing.

 

[d4m10n]

Key word was "loser". Twitter and Trump are losers.

Such a loser, he appears to have lost his Twitter login. Thanks for tryna wedge him into the thread, though.

Sent from my SM-G996U using Tapatalk

 

[Gulliver Foyle]

You guys should find out how the sharemarket works.

People are prepared to pay $x for a share. Consequently, the company is worth that times the number of shares. If people weren't prepared to pay that much, the value would fall.

I learned that stuff first at high school in the third form. (Year/Grade 9)

But because people are so irrational and because so much information is not knowable or presented in an opaque manner, share price is of wildly different from the company's underlying economic value. Hence why bubbles happen so often.

 

[The Atheist]

But because people are so irrational and because so much information is not knowable or presented in an opaque manner, share price is of wildly different from the company's underlying economic value. Hence why bubbles happen so often.

If you can come up with another way to value companies, let the NYSE know.

What's true today would have been laughed at 30 years ago, when P/E rations dictated what a fair value was. Now, companies are valued on some mythical future value. Crypto's an excellent example - it has a negative intrinsic value, yet the total market is worth trillions.

 

[Darat]

If you can come up with another way to value companies, let the NYSE know.

What's true today would have been laughed at 30 years ago, when P/E rations dictated what a fair value was. Now, companies are valued on some mythical future value. Crypto's an excellent example - it has a negative intrinsic value, yet the total market is worth trillions.

They'd be the last ones to want a change. They are a betting company and need people to keep betting! Thankfully they know gamblers are suckers...

 

[Gulliver Foyle]

If you can come up with another way to value companies, let the NYSE know.

What's true today would have been laughed at 30 years ago, when P/E rations dictated what a fair value was. Now, companies are valued on some mythical future value. Crypto's an excellent example - it has a negative intrinsic value, yet the total market is worth trillions.

Simple, what volume of sales does the company make, how profitable that company is, how highly geared it is and how mature the industry is. Compare those metrics with a company's direct competition and you'll get a pretty accurate picture of how valuable any company is.

Problem is for Tesla, they're being considered atech company, all of whom are massively overvalued.

 

[The Atheist]

Simple, what volume of sales does the company make, how profitable that company is, how highly geared it is and how mature the industry is. Compare those metrics with a company's direct competition and you'll get a pretty accurate picture of how valuable any company is.

Problem is for Tesla, they're being considered atech company, all of whom are massively overvalued.

That was my entire point - it's exactly how companies were valued before the dotcom era. Those asset values and incomes were reflected in share prices. Now, it's all about perceived future earnings.

And I repeat, if you can show me a single asset backing the trillions of dollars of value in cryptocurrencies, I'll shout you a chocolate fish.

 

[Gulliver Foyle]

That was my entire point - it's exactly how companies were valued before the dotcom era. Those asset values and incomes were reflected in share prices. Now, it's all about perceived future earnings.

And I repeat, if you can show me a single asset backing the trillions of dollars of value in cryptocurrencies, I'll shout you a chocolate fish.

Sorry about that, crossed wires lead to my misunderstanding.