Yeah but market cap is at least in theory about how much money a company is goin... | Hacker News

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		bluecalm on Sept 5, 2024 \| parent \| context \| favorite \| on: Intel Honesty Yeah but market cap is at least in theory about how much money a company is going to make in the future. Not this year, not the next year but decades is already pretty close (because of the discounting).

valval on Sept 7, 2024 [–]

No it’s not. It has no theoretical relationship with future earnings at all, and even if it did, that theory would be silly.

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