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The market only cares about aggregate performance. If every company has its own set of problems that are difficult to fix, the situation is stable. Especially i
by jltsiren 5y ago
The market only cares about aggregate performance. If every company has its own set of problems that are difficult to fix, the situation is stable. Especially if the market is dominated by a small number of companies, which makes it unlikely that anyone manages to fix their hard problems.