this post was submitted on 08 Apr 2026
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Comic Strips

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Comic Strips is a community for those who love comic stories.

The rules are simple:

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Source: ButaJape

Good luck with this one ~~Beep~~ Keep

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[–] surewhynotlem@lemmy.world 124 points 2 days ago (13 children)

Well yeah. The market is just an aggregation of sentiment of traders. It hasn't been a reflection of value in ages.

[–] zzffyfajzkzhnsweqm@sh.itjust.works 4 points 2 days ago (2 children)

It never has been anything but that. "Value" is just a sentiment of a trader. Probably by definition.

[–] surewhynotlem@lemmy.world 5 points 1 day ago (1 children)

It didn't used to be. When it all first started, before the exchanges and before it got very easy to trade, a share was literally just a portion of the company. Directly tied to its value.

Then we got all "efficient" and fucked it right up.

Shares are still just portions of a company.

What was company value back then? What determined it? Price or value of the company was just what buyer was willing to pay for it. And it still is...

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