核心畫面

One way to hold this phrase: put the thing down in the middle of a market and let the buyers speak. Whatever they are willing to hand over is its market value. The owner does not set that number, and neither does the cost of making the thing. This is why the same object can be worth more today than yesterday without changing at all: the buyers changed.

可以想成把東西擺到市場中間,然後閉嘴,讓買家開口。他們願意掏出來的錢,就是這樣東西的 market value。屋主更多收起可以想成把東西擺到市場中間,然後閉嘴,讓買家開口。他們願意掏出來的錢,就是這樣東西的 market value。屋主說了不算,當初花了多少錢蓋也說了不算。所以同一樣東西昨天跟今天可以差很多,它自己一點都沒變,變的是願意付錢的人。這張圖不管套在房子上、機車上,還是套在一整家公司上,運作方式都一樣。

Two branches

東西現在賣得到的價

這一支就是核心畫面本身,被估價的是看得到、摸得到的東西。

noun · B2

The amount of money that a thing such as a house, a car or a piece of land would sell for now, decided by what buyers are willing to pay for it rather than by what it cost to make, build or buy.

市價/市場價值

公司被市場估出來的總值

同一張圖,只是擺進市場的東西換成一整家公司,而市場換成股票市場。買家的意見變成股價,股價乘上股數就是市值。

noun · B2

The total value of a company worked out from the price of its shares, or the total value of all the shares on a stock market.

市值