

I’ve maintained that the stock market divorced itself from reality a long time ago. As of making this comment by market cap Toyota, BYD, Ferrari, Mercedes-Benz, BMW, GM, Volkswagen, Ford, and Porsche COMBINED are worth $100 billion less than HALF of Tesla. Is there anyone out there that would choose a minority stake in Tesla vs owning 9 of the biggest auto manufacturers on the planet outright?
Point being I don’t see stock valuation as a measure of how successful companies are. How high were stocks in the dot com boom? In 2008?
I’m not trying to start a fight with you on this but by what metric do you measure that? To my knowledge institutional trading outpaces retail in terms of total dollars invested, number of trades, and total valuation (as in the total market value of the retail traders is more than the net worth of retail investors)