nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z please continue to do this math more regularly! It’s the level of simplicity that “smart” people need to hear to get out of their own way. I’ve lost count of how many people have asked about bitcoin (who remain skeptical/ignorant), who cannot see the blatant flaw in their arguments of how “reliable/proven/stable” [delete as appropriate] the stock market is 🤕

Although the P/E is MSFT is indeed quite ridiculous, isn't the market cap much more a reflection of what the market perceives they will generate going forward, thus growth, and less current earnings.