I don’t know about overvaluation of individual companies, but i do know that DJIA is overrated legacy crap from the 1870’s that only exists because human computational power was limited.
The S&P is going to be much more reliable a metric than, “Here’s 30 companies to buy stock in chaps” targeted at conservative WSJ readers.
Isn’t Nvidia insanely overvalued? I feel like they’ll just have to readjust when the AI bubble bursts…
I don’t know about overvaluation of individual companies, but i do know that DJIA is overrated legacy crap from the 1870’s that only exists because human computational power was limited.
The S&P is going to be much more reliable a metric than, “Here’s 30 companies to buy stock in chaps” targeted at conservative WSJ readers.