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Comment by dredmorbius | Hacker News Reader
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dredmorbius
·
What is value?
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rejschaap
·
In the article they seem to use the maximum attained market capitalization during its existence indexed to current day dollars.
ekianjo
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That's not a good definition of value if you enter into a phase of speculation.
anonymous5133
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He never said it was a good definition of value.
dredmorbius
·
What's a better one?
dredmorbius
·
Are markets fair, efficient, omniscient, and/or rational?
What alternatives exist for defining value?
What do we mean by value?
Reply on news.ycombinator.com