Viewing profile — wavefunction22
wavefunction22
HN member- Joined
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About wavefunction22
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comment
Comment #32310647
Market cap isn't saying what the 'company' is worth. It's a measure of the equity portion of the ownership of the company. It excludes the debt portion of the ownership. Right now …
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comment
Comment #32310086
I think market cap is a bit misleading. Enterprise value (market cap + net debt) is a more consistent valuation measure. The house analogy is a helpful one. Let's say I buy a milli…