I would wager a fair amount that much of this is due to communication speed: the faster ideas and [true] news permeate, the better-evaluated companies can be in terms of expected future value Market cap is far more about *future* than it is *current* value https://t.co/iBINHnZ6RV

I would wager a fair amount that much of this is due to communication speed: the faster ideas and [true] news permeate, the better-evaluated companies can be in terms of expected future value

Market cap is far more about *future* than it is *current* value https://t.co/iBINHnZ6RV

— Warren Myers 🐧🐿 (@warrenmyers) April 19, 2021

from Twitter https://twitter.com/warrenmyers

April 19, 2021 at 10:53AM
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