>I'm arguing it's not "success". I don't believe that a meme stock is a truly long-term business.
Duh.
Crypto is the peak meme investment. Literally worthless, yet the market size is in trillions now, with even pension funds buying into it.
It doesn't follow any fundamentals, but as the meme markets defacto exist, there needs to be some models of valuing these investments other than fundamentals.
>I'm arguing it's not "success". I don't believe that a meme stock is a truly long-term business.
Duh. Crypto is the peak meme investment. Literally worthless, yet the market size is in trillions now, with even pension funds buying into it.
It doesn't follow any fundamentals, but as the meme markets defacto exist, there needs to be some models of valuing these investments other than fundamentals.