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There is a huge gap between real profits and market myths.
Actual returns come from a company's revenue from selling products and services. Valuations, on the other hand, are based on investors' beliefs—founded on speculation, hype, and optimistic visions of the future. The two are often worlds apart.
Just look at Tesla's valuation. It is nearly 10 times higher than BYD. One relies on fundamentals, the other on stories; the difference is obvious.
This is where the absurdity of market pricing lies.