

11·
13 hours agoThat could just as well be the reasons those banks want those companies to have an inflated value.
If those companies lose much value there will be a lot of mess and no one involved is going to get richer of it.
These days a CEO is pretty much someone that markets a company towards the shareholders. Elon is a pretty good marketeer.
We all have experience with buying a premium product and thinking “wow, that’s nice” just like we’ve all had the experience where we bought the cheapest option and though “this is pretty good”.
The rule is as follows: “it depends”.
It’s just that our monkey brains don’t like those kinds of generalization.