Victoria Harris
👤 SpeakerAppearances Over Time
Podcast Appearances
fake value to go and then acquire something really valuable it's quite clever it's not fake right that's that's that's how share prices move supply and demand again you know it's like that's just there was just a ton of demand in a short space of time but the share price is a reflection of the value of the company surely people at this point just want to like be the next meme stock yeah but i mean it's hard right because you yeah and it's you do have to be careful because if you go up
you know, 4X your share price and then you can come down pretty quickly.
But this is a really good example of why high share prices and high valued companies, it gives you options.
You know, it's like if you...
Well, Microsoft and your share price is doing really well.
You know, the flexibility that gives you to, you know, attract good talent, buy competitors, like all of that.
And you kind of get into the circle of death when your share price is falling, you're having to cut staff, you're kind of probably dipping into your cash reserve.
Like there's just, you can be quite a cycle.
And the whole, like, what,
the whole job of the CEO, but like, is to increase your share price.
And if you increase your profits, then the share price will react accordingly.
So it's like, they're kind of,
a glorified salesperson of like, how do you get more people interested in your stock?
It's either A, delivering consistent profits or B, you know, hoping that you become a meme stock and roofs it.
I mean, if there was more women running businesses, we probably would see it, I reckon.
It's just a way to create more value for shareholders at the end of the day.
That's all they're trying to do.
And if you're invested and you own shares as a CEO or as a founder in that business, you just want to create more and more value.
And if that's a way of doing it, yes, I mean, this is a bit of a stretch.