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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.










  • efstajas@lemmy.worldtoScience Memes@mander.xyzAnt smell
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    7 months ago

    Some do but it most likely doesn’t! There are experiments where the bird’s beaks had a local anesthesia applied and it had no effect on the bird’s sense of orientation. Instead it seems like it’s most likely something called cryptochrome in the eyes, where a quantum mechanism (radical pair reaction) might be taking place that could generate sense-able electrical signals. There is further evidence for this, like birds being unable to tell when a magnetic field is reversed 180° (which an iron-based compass should be able to), and their sense of direction being effectively turned off by very mild RF interference at the right frequency, which also wouldn’t affect an iron compass.