ST Alpha - "I would posit they are utility contests, not popularity contests ... maybe that means the same thing -- nm" (Reading a Post)

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In response to "We've had this conversation before. All values are arbitrary. -- (edited)" by David

I would posit they are utility contests, not popularity contests ... maybe that means the same thing -- nm

Posted by rollo Feb 9 '18, 10:14

(No message)

Responses:

*phew* -- (edited) - znufrii Feb 9, 10:17 9
- yeah, I mean I know a lot of useless people who are popular ... but for assets, things are popular because they are useful. David's point that - rollo Feb 9, 10:23 8
  - Fine, I’ll take a shot at it. - znufrii Feb 9, 10:30
  - All of these are discussions of perception vs. reality. - David Feb 9, 10:28 6
    - But what you’re missing is that there is a fundamental value to a smartphone vis-a-vis speed of accessing information. -- (edited) - znufrii Feb 9, 10:37 3
      - I'm not missing anything. I'm challenging misconceptions about valuation. - David Feb 9, 10:43 2
        
        Well, you’re missing that I’m agreeing with you in large part, that’s for sure. -- (edited) - znufrii Feb 9, 11:02 1
        
        Heh, fair enough.\ - David Feb 9, 11:11
    - I'm specifically talking about assets/commodities as opposed to products that can reflect branding/marketing influence. -- nm - rollo Feb 9, 10:33 1
      - The same argument applies, the way I look at it. -- nm - znufrii Feb 9, 10:44

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