> … which we have established is completely disconnected from actual value … This part is false. The price of a stock is not completely disconnected from actua

> … which we have established is completely disconnected from actual value … This part is false. The price of a stock is not completely disconnected from actual value. The money for the dividends has to come from somewhere. If you own AAPL, the dividends are funded Apple’s business activities. If you think that Apple’s business is a dead end, you would sell off your AAPL stock and move your money somewhere else. Dividends are also only a small part of the picture.