• mcv@lemmy.zip
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    11 hours ago

    By that argument nothing is ever overvalued because apparently that’s what the stockmarket says it’s worth. But crashes still happen.

    • FreedomAdvocate
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      11 hours ago

      They’re valued at whatever people will pay for them.

      • mcv@lemmy.zip
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        10 hours ago

        That doesn’t mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.