this post was submitted on 28 Jan 2025
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[–] Gradually_Adjusting@lemmy.world 73 points 1 month ago (16 children)

The thing about market cap is that it's kinda not real. You think Rivian was ever worth 130 billion dollars, for example? Nah.

Nvidia has only lost about the last three months of stock gains. It's quite bad, and they'll cry, but they'll be fine in the long term.

[–] rbos 7 points 1 month ago (1 children)

They really need to change how market cap is calculated. Even a linear function going to zero as the last share is sold would be better. I wonder.

[–] Gradually_Adjusting@lemmy.world 11 points 1 month ago

I think it would make more sense to have good journalism and honest coverage of markets, and an informed, financially literate populace. While I'm at it I want a pony who cleans the dishes and shits sunglasses.

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