Does anybody else share my sort of shell-shock WRT Tesla? I'm one of those who thinks its stock (and probably all the big tech names) are in a bubble. But whenever I say that I get shouted down, downvoted, told I'm an idiot, etc. I'm hoping this comment is vanilla enough to be safe... just curious if others have had the same experience. To be clear: I'm not interested in debating the value of Tesla. I'm curious if ot…
Despite this stock market is doing well.
The only conclusion I can see is that the stock market is completely decoupled from real life. Biggest parties participating in it are completely unaffected by reality of majority of population.
The same people who are rabidly shouting bitcoin is a pyramid scheme are buying stock of companies not because they trust its a good business model, but because its a a unicorn that will 2x in value for quick sale profit.