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> I don't consider that bad. Anyone is free to make bad investments. You don't find it unfortunate when capital is allocated towards failing business models ra

• Slartie 7y ago
  Not as long as this situation does not persist for too long. The market is supposed to correct such inefficiencies by dividing such failing investors from their money and conversely rewarding investors in successful and sustainable business models with that money. The actual problem is not that investment errors are made. Such errors will always be made, as long as it's impossible to predict the future. The problem is that it appears as if right now, we are in a situation in which the negative consequences of such errors can seemingly be postponed virtually forever into the future. Or at least that has worked great for a decade now (first cracks are appearing lately, but it's far from enough yet).