No, they were just scared of missing out.

I stuck some money in Uber at 90 recently based on fundamentals. I might be wrong but at least I used a calculator to be wrong :) and will learn.

It needs to beat Sp500 to be considered right.

	▲	Retric 3 days ago \| parent [-]
		Saying it’s “right” based on outcome alone is like saying ~half the people in Vegas and betting on black made a good decision. You can win and still have made a poor decision. A better approach is to look at the full range of your bets and try and decide if the betting strategy was good. But that gets difficult when you consider outcomes are linked through wider economic trends.