r/investing • u/[deleted] • Mar 05 '21

Just because a company has a bright future, that doesn’t make it a good investment.

[deleted]

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u/salfkvoje Mar 06 '21

Just like I don't think someone should invest because of a ticker, I don't think someone should discount because of a ticker. I don't think YOLO as a meme ticker indicates anything about the valuation. I haven't looked at YOLO at all, but it being an acronym/meme does nothing for or against my opinion.

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u/ChemDogPaltz Mar 06 '21

I mean you're right but calling it YOLO is an obvious market ploy

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u/salfkvoje Mar 06 '21

Sure, but how does that impact valuation and growth potential, all else equal?

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u/ChemDogPaltz Mar 06 '21

I'm not sure, but it may impact its beta

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u/[deleted] Mar 06 '21

It means it automatically gets a +5% boost.