| ▲ | watutalkinbout 6 hours ago | |||||||
No. You are assuming that the money that I buy the sweet shop for is what I evaluate the value of the sweet shop to be worth. That's not necessarily true. You're also assuming I'm not insane. If I offer to buy an apple from you for 1 trillion dollars because I believe consuming that specific apple will make me a god, that apple is not actually worth 1 trillion dollars. | ||||||||
| ▲ | paxys 6 hours ago | parent [-] | |||||||
Items don’t have an inherent “worth”. If I have an apple and you agree to buy it for $1T, then the apple is indeed worth $1T at that moment. After the purchase is complete it is worth ~$0, or whatever the next person is willing to pay you for it. Alternatively you can say “it is still worth $1T to me” and that would be true as well. When we are specifically talking about companies, their value is where buyers meet sellers in the order book. | ||||||||
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