🚨 BILLIONAIRE
@mcuban ON WHY “EVERYTHING’S A MEME STOCK”:
"I think we're in a bubble, but not the same as the internet bubble... I think what's different now is everything's a meme stock."
An 18% move on a tiny earnings miss:
"The intrinsic value of that company hasn't changed eighteen percent."
What he sees instead:
"We're trading them like baseball cards."
"It's just perceived... what you think somebody else will pay for it. And I think we're in a bubble for that very reason."