If you woke up tomorrow and had full rights to the name Coca Cola™, would that not be of extreme value to you? Of course it doesn’t have the intrinsic value of a gold brick, but it’s still valuable and stock fluctuations won’t change that fact.
Comment on How is the Stock Market keeping it's value after *points to everything*?
technocrit@lemmy.dbzer0.com 1 day agothese companies still have infrastructure, brands and products.
And you assume this has intrinsic value? Brands and products?
shalafi@lemmy.world 1 day ago
Septimaeus@infosec.pub 1 day ago
I assume they’re making a point about hard assets versus pure speculation, like comparing real estate to crypto coins, since only markets based on pure speculation nose-dive at the first bad omen.