Agreed, but there is a view that these things will eventually revert to traditional value metrics.
Which some of them will, eventually.
It's just a question of which ones, and when, and whether you will have been forced out of the position long before then.
Yeah I guess. That's the premises of the Big Short.
But a whole section of the market seems like a different play to one company with a cult following.
@hugo7 started
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Agreed, but there is a view that these things will eventually revert to traditional value metrics.
Which some of them will, eventually.
It's just a question of which ones, and when, and whether you will have been forced out of the position long before then.