But tbh the price vs valuation of many companies is inflated.
You'd have to do the homework to see exactly what you are buying vs what you are paying for.
Some stocks that are disproportionate to its underlying valuation
Discussion
Nvidia has lower pe than walmwart.
Yeah their earnings is wild dude, especially their margin
But idk Walmart is consumer facing goods so it's consumer Staples. Even in recession people will go to Walmart, but will they buy graphics cards?
Exactly. Its because the stock market is monetized, just like real estate, and gold, and bonds. That's why btc is a $500+ trillion dollar asset, cuz its just gonna eat allll that monetization. https://media0.giphy.com/media/cqv1ehyeR4KigaiHRa/200w.webp