SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tonto who wrote (536)1/9/1999 11:10:00 AM
From: Fernando Saldanha  Read Replies (5) of 3543
 
" CNBC just reported that AMZN's market cap has exceeded the value of the country of Norway"

That's nonsense. CNBC is wrong. First of all, nobody knows what is the "value" of a country. One has estimates for Gross Domestic Product (GDP) but that is a different thing. Value has no time dimension and GDP is a flow, i.e., it is measured per year, usually. So you cannot compare the market cap of AMZN with the GDP of a country.

I am not saying that AMZN is not overvalued, just that this comparison is meaningless.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News