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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "VinFast Has An $86B Market Cap, But It's Probably Worth Nothing" video.
During low interest rates all you had to do was say you would become someone big and you would get a market cap near the big dogs. The reason was investors were discounting future values at insanely low rates, so the easiest way to push up stock prices was not to make money but to announce growth plans even if you don't follow through
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It sounds like these idiots thought they could proverbially invade and dominate the US market not comprehending how existing US car makers have automated assembly lines.
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