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For new, speculative, disrupters, perhaps. For old, mature, well-understood industries? Your statement is false. The market had every right to punish AMC (a rea
by listenallyall 7y ago
For new, speculative, disrupters, perhaps. For old, mature, well-understood industries? Your statement is false. The market had every right to punish AMC (a real company BTW, not a "business plan"), which earned just $1 for every $54 in revenue in 2018, and which also nearly doubled revenue over 2015, with less than a 10% increase in net income to show for it.
- scarface74 7y agoYes you’re right the market is totally rational..