Are You Justifying Growth in Text Stocks?

When i look at companies like that, for instance, you're trying to predict future cash flows. Youre trying to predict growth. But but t's been a growth market or so long, it means some of these p ratios are through the roof and people still find justification for it. So how are they kind of justifying it? Is it just people playin musical chairs and just t was a jamie diamond whosad the music's playang, you got to get up and dance, you know? Is it that kind of a thing? Or are people actually coming up with rational reasons why all these text stocks are valued well above what, you know, maybe a value investor might