Because people think it does; nothing more.  Really, stock shares (most of them) are like baseball cards. Famous players with a good season have cards worth more. But there&#x27;s no reason for that, than, people believe it.<p>I&#x27;m sure you didn&#x27;t make it up; this notion has been around for a while. Its just a curious quirk of human nature to believe in things that don&#x27;t quite make sense.