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Unless the market can remain bored longer than institutional investors can remain solvent...
by lordgrenville 6y ago
Unless the market can remain bored longer than institutional investors can remain solvent...
- whimsicalism 6y ago> Unless the market can remain bored longer than institutional investors can remain solvent... Don't let nit-picky facts like that institutional investors control substantially more capital than retail investors get in the way of a good narrative.
- dralley 6y agoTell that to all of the institutional investors that have lost money shorting Tesla. No, there is no good reason for Tesla to be valued the way it is - but there is no shortage of people willing to buy it without putting too much thought into the price, either.