beep@piefed.world to Lemmy Shitpost@lemmy.worldEnglish · 23 hours agoThat feeling when you convince everyone, your companies are worth 25x their annual revenue, for the fourth timemb24.cdn1.maribor24.siimagemessage-square64fedilinkarrow-up1341file-text
arrow-up1341imageThat feeling when you convince everyone, your companies are worth 25x their annual revenue, for the fourth timemb24.cdn1.maribor24.sibeep@piefed.world to Lemmy Shitpost@lemmy.worldEnglish · 23 hours agomessage-square64fedilinkfile-text
cross-posted from: https://piefed.world/c/shit/p/1191421/that-feeling-when-you-convince-everyone-your-companies-are-worth-25x-their-annual-revenu Mirrors
minus-squarePeriodicallyPedantic@lemmy.calinkfedilinkarrow-up1·2 hours agoDon’t bet in it. The market isn’t rational. Look at Tesla’s current valuation compared to companies like Toyota.
minus-squarecriss_cross@lemmy.worldlinkfedilinkarrow-up1·21 minutes agoProblem is you have to figure out when the market stops being rational. A lot of hedge funds can know that a stock is worthless, but they’ll lose their house in puts if they can’t time it right.
Don’t bet in it. The market isn’t rational. Look at Tesla’s current valuation compared to companies like Toyota.
Worth a put spread imho
Problem is you have to figure out when the market stops being rational.
A lot of hedge funds can know that a stock is worthless, but they’ll lose their house in puts if they can’t time it right.
indeed