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"Things are worth what people are willing to pay for them, not what other people think they should be willing to pay for them."

I agree with this, but there is a difference between the market being willing to pay $26 billion for a company, and minority investors being willing to pay $26 billion/0.03. Only the former establishes the actual* value.



Now, now. Let's be reasonable. No one is valuing Facebook at $866.67 billion.

/pedantry




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