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SLOMP 2 Oct @ 9:51am
I don't understand how a company can be valued at so much.
I'm from the UK and only a handful of our companies have a market cap above $100b. 9 companies to be exact. The highest being AstraZeneca at $257billion.

Then I look at the US and what the ♥♥♥♥, you have 105 companies valued above $100b. The highest being Nvidia at $4.5trillion. That's 17.5x more than AstraZeneca.

I don't even fully understand how much a trillion is, we can't visualise it, we can't imagine it, we can't type it or count to it. It's just a number with a word.

It's just such a diabolical amount of money. And then I see the stock goes up 1.5% in 1 day and boom, another $70billion added... It doesn't seem real to me, it's making me believe I'm living in some weird reality where there's a man behind a computer who just types in a new number everyday.

Like if it can reach $4.5trillion, why not $10trillion, why not $50trillion, why not $100trillion? Money clearly seems to be infinite and meaningless when it comes to the stock market.
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Showing 1-6 of 6 comments
oldirty` 2 Oct @ 9:55am 
Its a hypothetical value, its not real.
#1
$2 Hero 2 Oct @ 10:11am 
You should be asking why the richest company is a drug company.
#2
Morrandir 2 Oct @ 10:12am 
Originally posted by $2 Hero:
You should be asking why the richest company is a drug company.

health insurance companies
#3
Chaosolous 2 Oct @ 10:15am 
Holy dejavu Batman!
#4
Original Cast Recording 2 Oct @ 10:23am 
market cap =/= value

Nvidia do make a ton of money though.
#5
pasa 2 Oct @ 10:23am 
ever heard of bubbles?

And manipulation? like circular investments with no net impact but supposedly rising vale of all participants significantly on paper -- then speculators move the stock price?

Also, market cap is just a made-up number in the first place, if you started to sell stocks, the price would fall like a rock and you'd get fraction. It's inly usable in those manipualtion transactions swapping ♥♥♥♥♥♥♥ for catshit.
#6
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All Discussions > Steam Forums > Off Topic > Topic Details
Date Posted: 2 Oct @ 9:51am
Posts: 6
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