Lingyis said:
man, you really are clueless. okay, here goes... stock price per share is essentially meaningless. it's market capitalization--price MULTIPLIED by number of shares. google market cap ~ $160 bln. microsoft ~$290 bln. by your reasoning, berkshire hathaway, with a stock price of $100,000, would be worth 4,000 times more than microsoft. EDIT: i checked, berkshire hathaway market cap around $165bln. hmm, around google market cap. never thought of them that way... |
Your math is absolutely correct, and SSJ should read it (SSJ, this is how market capitalization and overall worth are calculated). But come on, not everyone knows this stuff Lingyis, adn there's no reason to call him clueless. I bet there are a lot of things SSJ knows that you don't, a lot of things you know that I don't, and every other possible combination: SSJ is a very solid poster and I don't think making fun of him is appropriate for such a trifling lack of knowledge. Please.
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