ST Alpha - "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 " (Reading a Post)

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In response to "*phew* -- (edited)" by znufrii

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

Posted by rollo Feb 9 '18, 10:23

utility is in the eye of the beholder is valid, but that's basically what a market is.

Responses:

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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