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Joined 1 year ago
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Cake day: August 18th, 2023

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  • Well yes and no. Market cap is the total value of all shares for the particular stock combined (not including those held by the company itself). The value of each individual share is determined on the market. No-one directly “owns” this value, since the whole point of stocks is to distribute ownership, so no-one including Apple as an entity “owns” their market cap entirely. If that were the case, there would be no trading, and ergo no value to the shares, and the entire idea of a market cap no longer applies.

    Individually though, the value of shares is of course very real. If you own shares and the stock is liquid (as in: there are people willing to buy), you can sell those shares for real money whenever you wish, at the current market price. Unless you want to sell a substantial amount, in which case you may run into trouble finding buyers and / or create significant downward pressure on the price.





  • Yeah it’s wrong a lot but as a developer, damn it’s useful. I use Gemini for asking questions and Copilot in my IDE personally, and it’s really good at doing mundane text editing bullshit quickly and writing boilerplate, which is a massive time saver. Gemini has at least pointed me in the right direction with quite obscure issues or helped pinpoint the cause of hidden bugs many times. I treat it like an intelligent rubber duck rather than expecting it to just solve everything for me outright.