Back to Mark Cuban: The Next Market Crash Is Where The Real Money Is Made!, with Mark Cuban.
Are We in a Stock Market Bubble?
Mark Cuban thinks we are in a bubble, though not the same as the internet bubble back in 2000 and 2001. He says what is different now is that everything is a meme stock.
Bitcoin is a meme stock, he says, and so are Micron, Google, and Apple. Mark Cuban uses that label because of how stocks move on just a little bit of news. A company might miss earnings by a penny or only beat by a penny, and the stock will be down 18 percent. He says the intrinsic value of the company has not changed 18 percent.
Buyers and sellers move in and move out very quickly based on anticipated information, as opposed to the net present value of the future cash flows.
Mark Cuban: The Next Market Crash Is Where The Real Money Is Made! ·