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How about, reset market valuation to something reasonable, instead of speculators pushing the stock price to insane levels of overvaluation, justifying every di
by titzer 5y ago
How about, reset market valuation to something reasonable, instead of speculators pushing the stock price to insane levels of overvaluation, justifying every dirty trick in the book to justify said price speculation? Do we really need to dump hundreds of billions of dollars into a couple of chat and picture-sharing apps? Especially when said pile of junk spies on your every move, every preference, and ultimately, every waking moment? It's almost as if the market did not deliver a good outcome for anything but investors.
- whimsicalism 5y agoWhat is wrong with speculation? The whole point of the equity market is to allocate more capital to companies that have promising futures so they can use that capital to grow.