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> When you buy stock you stop caring about what the company does. > You only care about what the market thinks about what the company does I’m not sure I’m ge
by creakingstairs 5y ago
> When you buy stock you stop caring about what the company does.
> You only care about what the market thinks about what the company does
I’m not sure I’m getting your point. What the company does affects what the market thinks what the company does. I mean sure, feedback is not instantaneous and there have been quite a big mismatch especially recently. But I think it still comes down do execution in the end.
> For companies that don't pay dividends, the stock price is driven purely by the expectation that somebody will pay you more for the stock than what you paid for it
Yes this is why people buy stocks. What the company does will affect the future expectation.