--- title: "Meaning & Key Takeaway of: But to value every company as if they are…" description: "\"But to value every company as if they are the next Google, rather than valuing them all as if one of them might be, is pretty much the definition of a ..." image: "https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg" --- # But to value every company as if they are the next Google… ![“But to value every company as if they are the next Google, rather than valuing them all as if one of them might be, is pretty much the definition of a bubble.” quote by Tim Worstall](https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg) [Download](https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg) [Open image](https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg) > “But to value every company as if they are the next Google, rather than valuing them all as if one of them might be, is pretty much the definition of a bubble.” Tim Worstall ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Treating each firm as a potential Google creates unrealistic expectations and inflates valuations, forming a market bubble. **In simple terms:** Seeing every company as the next Google fuels bubbles. Key Takeaway Assess firms on realistic fundamentals. Themes valuation bubbles market psychology investment risk Mood cautious analytical Type financial advisory When to use this quote - stock analysis - portfolio management - startup funding - financial planning Key Concepts growth expectations valuation metrics speculation herd behavior Questions to Reflect On - How do you differentiate hype from genuine potential? - What metrics prevent overvaluation? A Different Perspective Overemphasis on hype can ignore solid fundamentals. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Company](https://sms4smile.com/quotes/about/company/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [If you don't know your blood pressure, it's like not knowing the value of your company.](https://sms4smile.com/quotes/mehmet-oz/if-you-don-t-know-your-blood-pressure-it-s-like-not-knowing-the-value/) [Mehmet Oz](https://sms4smile.com/quotes/author/mehmet-oz/) > [We value R&D as a company. It's who we are.](https://sms4smile.com/quotes/kenneth-frazier/we-value-r-d-as-a-company-it-s-who-we-are/) [Kenneth Frazier](https://sms4smile.com/quotes/author/kenneth-frazier/) > [If the value of a company doesn't just scream out at you, it's too close.](https://sms4smile.com/quotes/charlie-munger/if-the-value-of-a-company-doesn-t-just-scream-out-at-you-it-s-too/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's…](https://sms4smile.com/quotes/seth-klarman/there-s-no-such-thing-as-a-value-company-price-is-all-that-matters-at/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [The inventory, the value of my company, walks out the door every evening.](https://sms4smile.com/quotes/bill-gates/the-inventory-the-value-of-my-company-walks-out-the-door-every-evening/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Try to establish the value of a company.](https://sms4smile.com/quotes/walter-schloss/try-to-establish-the-value-of-a-company/) [Walter Schloss](https://sms4smile.com/quotes/author/walter-schloss/) > [You can't come in and value your company at $10 billion if you don't have any sales, or you don't have anything to justify…](https://sms4smile.com/quotes/bobby-wagner/you-can-t-come-in-and-value-your-company-at-10-billion-if-you-don-t/) [Bobby Wagner](https://sms4smile.com/quotes/author/bobby-wagner/) > [“The Value of the company is the sum of the problems you solve.”](https://sms4smile.com/quotes/daniel-ek/the-value-of-the-company-is-the-sum-of-the-problems-you-solve/) [Daniel EK](https://sms4smile.com/quotes/author/daniel-ek/) > [The value of a company is the sum of the problems you solve.](https://sms4smile.com/quotes/daniel-ek/the-value-of-a-company-is-the-sum-of-the-problems-you-solve/) [Daniel Ek](https://sms4smile.com/quotes/author/daniel-ek/) > [The truth is, we value your company, for want of any other. We have been left so much to our own devices—after a while…](https://sms4smile.com/quotes/tom-stoppard/the-truth-is-we-value-your-company-for-want-of-any-other-we-have-been/) [Tom Stoppard](https://sms4smile.com/quotes/author/tom-stoppard/) > [For the last year, I had to get out of my bubble.](https://sms4smile.com/quotes/tony-sunshine/for-the-last-year-i-had-to-get-out-of-my-bubble/) [Tony Sunshine](https://sms4smile.com/quotes/author/tony-sunshine/) > [But there's the beauty of life beyond the bubble. It's possible for someone to see your wicked bits and still love you.](https://sms4smile.com/quotes/kristin-chenoweth/but-there-s-the-beauty-of-life-beyond-the-bubble-it-s-possible-for/) [Kristin Chenoweth](https://sms4smile.com/quotes/author/kristin-chenoweth/) > [ What, if as said, man is a bubble. \[Lat., Quod, ut dictur, si est homo bulla, eo magis senex.\] ](https://sms4smile.com/quotes/marcus-terentius-varro/what-if-as-said-man-is-a-bubble-lat-quod-ut-dictur-si-est-homo-bulla/) [Marcus Terentius Varro](https://sms4smile.com/quotes/author/marcus-terentius-varro/) > [Every bubble has two components: something - some real trend, and a misconception about that trend.](https://sms4smile.com/quotes/george-soros/every-bubble-has-two-components-something-some-real-trend-and-a/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) > [I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people…](https://sms4smile.com/quotes/eugene-fama/i-don-t-even-know-what-that-means-people-who-get-credit-have-to-get/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) ## More by Tim Worstall > [When the desirable jobs are spending other people's money, reporting on spending other people's money and lobbying to spend other people's money then you…](https://sms4smile.com/quotes/tim-worstall/when-the-desirable-jobs-are-spending-other-people-s-money-reporting/) Tim Worstall > [I'm glad to be able to announce that the UK now has it's very own mindless twit. \|\| Either that or he's a damn…](https://sms4smile.com/quotes/tim-worstall/i-m-glad-to-be-able-to-announce-that-the-uk-now-has-it-s-very-own/) Tim Worstall Explore all 3 Tim Worstall quotes ## More Bubble quotes > [What we're supposed to do as actors is be able to portray real human beings and emotions. And if you grow up in this…](https://sms4smile.com/quotes/emily-browning/what-we-re-supposed-to-do-as-actors-is-be-able-to-portray-real-human/) [Emily Browning](https://sms4smile.com/quotes/author/emily-browning/) > [“Recluses won’t find purpose living out their days in a sacred bubble. Partake in commerce, start working out, volunteer, go on a mission. Do…](https://sms4smile.com/quotes/m-j-demarco/recluses-won-t-find-purpose-living-out-their-days-in-a-sacred-bubble/) [M.J. DeMarco](https://sms4smile.com/quotes/author/m-j-demarco/) > [“But you couldn't unpop a bubble.”](https://sms4smile.com/quotes/kami-garcia/but-you-couldn-t-unpop-a-bubble/) [Kami Garcia](https://sms4smile.com/quotes/author/kami-garcia/) > [I don't even know what that means. People who get credit have to get it from somewhere. Does a credit bubble mean that people…](https://sms4smile.com/quotes/eugene-fama/i-don-t-even-know-what-that-means-people-who-get-credit-have-to-get/) [Eugene Fama](https://sms4smile.com/quotes/author/eugene-fama/) > [You know, as an only child, you're kind of in a bubble, and there are all sorts of things about my childhood that I…](https://sms4smile.com/quotes/anonymous/you-know-as-an-only-child-you-re-kind-of-in-a-bubble-and-there-are/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“As a bubble you cannot change the world, this is obvious, but you can still make a child happy! Even the most worthless things…](https://sms4smile.com/quotes/mehmet-murat-ildan/as-a-bubble-you-cannot-change-the-world-this-is-obvious-but-you-can/) [Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [The media bubble is the ultimate symbol of what's wrong with this country.](https://sms4smile.com/quotes/steve-bannon/the-media-bubble-is-the-ultimate-symbol-of-what-s-wrong-with-this/) [Steve Bannon](https://sms4smile.com/quotes/author/steve-bannon/) > [When I found out about being cast in 'Spider-Man,' it was like this bubble developed around me. I was floating in it for a…](https://sms4smile.com/quotes/andrew-garfield/when-i-found-out-about-being-cast-in-spider-man-it-was-like-this/) [Andrew Garfield](https://sms4smile.com/quotes/author/andrew-garfield/) > [Trump has manufactured the first-ever Celebrity Immunity Bubble - rendering him incapable of offense, no matter whom he offends. It's brilliant.](https://sms4smile.com/quotes/greg-gutfeld/trump-has-manufactured-the-first-ever-celebrity-immunity-bubble/) [Greg Gutfeld](https://sms4smile.com/quotes/author/greg-gutfeld/) > [ “The Bradford Exchange—a knockoff of \[Joseph\] Segel’s \[Franklin Mint\] business—created a murky secondary market for its collector plates, complete with advertisements featuring its “brokers”… ](https://sms4smile.com/quotes/zac-bissonnette/the-bradford-exchange-a-knockoff-of-joseph-segel-s-franklin-mint/) Zac Bissonnette > [It was 1999, and we were building a way for college kids to create online profiles for the purpose of sharing... with employers. Oops.…](https://sms4smile.com/quotes/eric-ries/it-was-1999-and-we-were-building-a-way-for-college-kids-to-create/) [Eric Ries](https://sms4smile.com/quotes/author/eric-ries/) > [The end of the 'tech bubble' in the year 2000 is, of course, widely recognized, as the NASDAQ stock index erased three-quarters of its…](https://sms4smile.com/quotes/david-autor/the-end-of-the-tech-bubble-in-the-year-2000-is-of-course-widely/) [David Autor](https://sms4smile.com/quotes/author/david-autor/) > [It's like simulating earthquakes: we can over and over study a bubble, crash, bubble, crash. Then we can see mathematically if there's some regular…](https://sms4smile.com/quotes/colin-camerer/it-s-like-simulating-earthquakes-we-can-over-and-over-study-a-bubble/) [Colin Camerer](https://sms4smile.com/quotes/author/colin-camerer/) > [Only lets certain people in his bubble...you know who u r...so come on in...if your not one of them...stay the HELL OUT!!!](https://sms4smile.com/quotes/nishan-panwar/only-lets-certain-people-in-his-bubble-you-know-who-u-r-so-come-on-in/) [Nishan Panwar](https://sms4smile.com/quotes/author/nishan-panwar/) > [Every bubble has two components: something - some real trend, and a misconception about that trend.](https://sms4smile.com/quotes/george-soros/every-bubble-has-two-components-something-some-real-trend-and-a/) [George Soros](https://sms4smile.com/quotes/author/george-soros/) Browse all 325 Bubble quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "But to value every company as if they are the next Google, rather than valuing them all as if one of them might be, is pretty much the definition of a bubble.", "creator": { "@type": "Person", "name": "Tim Worstall" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/tim-worstall/but-to-value-every-company-as-if-they-are-the-next-google-rather-than/", "about": { "@type": "Thing", "name": "Bubble" }, "@id": "https://sms4smile.com/quotes/tim-worstall/but-to-value-every-company-as-if-they-are-the-next-google-rather-than/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg", "contentUrl": "https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg", "url": "https://sms4smile.com/quotes/i/58e/tim-worstall-86617_bubble_but-to-value-every-company-as-if-they-ar_2432234.jpg", "width": 1080, "height": 1080, "caption": "“But to value every company as if they are the next Google, rather than valuing them all as if one of them…” — Tim Worstall", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Tim Worstall", "item": "https://sms4smile.com/quotes/author/tim-worstall/" }, { "@type": "ListItem", "position": 4, "name": "But to value every company as...", "item": "https://sms4smile.com/quotes/tim-worstall/but-to-value-every-company-as-if-they-are-the-next-google-rather-than/" } ], "@id": "https://sms4smile.com/quotes/tim-worstall/but-to-value-every-company-as-if-they-are-the-next-google-rather-than/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```