RE:RE:RE:RE:RE:RE:RE:RE:RE:Some Big Numbers...for comparisonYou guys are reading too much into the stock market. And hence have new found wealth and cannot comprehend how you accumulated such wealth. I think Elon summed it gooder ,i paraphrase him here: "Wealth is just asset allocation." so basically move the cash around to find more wealth and increase that pile by carefully allocating it in the right places at the right time.
Tarheel89 wrote:
this is an interesting way of phrasing the question. My buddy and I are both long RECAF and were discussing this, and stocks in general, yesterday. -I remarked that true investing in stocks, when stocks first started, meant I invest in your business and I hold forever and get a share of your profits. That shifted to a transition period where we got dividends but now thats too slow for the modern appetite and attention span. -So "investors" now just speculate, even the long term holders, and we all intend to get in early and then dump our shares to a greater fool when the price of the security obviously exceeds some arbitrary notion of value in our mind. Or rather, when that price exceeds what we think someone else will pay me for it. -Its how market caps can be 1000x the company's actual assets and revenue, or how profitable companies with fat balance sheets can trade at market caps 1/3 their value. -And rather succinctly, I suggested China might just pay us $50B for the rights to a basin. And he asked "what good would that do for shareholders?" And I realized, nothing. Because nobody cares about receving a profit or dividend from a company. So that fat balance sheet could be effectively meaningless to share price, because nobody is actually in it for the business, they're in it to unload to a greater fool.