/biz/ - Business & Finance

Anonymous Thu Apr 30 00:19:26 2020 No.18770950 [View]
File: 34 KB, 638x400, Screenshot from 2020-04-30 00-14-29.png [View same] [iqdb] [saucenao] [google]

>>18770706
>Looking ahead multiple quarters and expecting the price point to remember what it was is crypto unironically.
Investors invest in real companies. A railroad duopoly in a couple of quarters will still function the same way it was functioning last year. Tech company stocks often have ridiculous P/E and Price/Book. I guess you can apply your crypto analogy to tech stocks.

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