> because value depends largely on potential unrealised gain in the future Exclu... | Hacker News

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		parineum on March 18, 2023 \| parent \| context \| favorite \| on: The Fed smothers capitalism in an attempt to save ... > because value depends largely on potential unrealised gain in the future Exclusively actually. Past performance is only relevant to the price as a predictor of future success.

tc313 on March 18, 2023 [–]

Well, if we’re being nitpicky, balance sheet items such as a large net cash position (a derivative of past success or failure) are also relevant factors in the value of a company.

parineum on March 18, 2023 | [–]

Sure, as it relates to where the price of the stock price may go in the future.

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