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> If your market will only bear a modest level of growth and possibility, most likely nobody will be interested in investing millions to squash you. I used to
by yowlingcat 6y ago
> If your market will only bear a modest level of growth and possibility, most likely nobody will be interested in investing millions to squash you.
I used to be a lot more bullish about this before 2020's interest rate drop and subsequent declining bond yields, and the insane injection of capital into the markets. But now, I'm not so sure. Investors are reaching quite a bit further than I originally had expected in order to seek yield.