The 'long run' is just a bunch of 'short runs' glued together in an infinite sequence. Given that what Graham said does not falsify what the author of this pie

The 'long run' is just a bunch of 'short runs' glued together in an infinite sequence. Given that what Graham said does not falsify what the author of this piece claims. Sure maybe the cults would rotate, so today is all about Tesla and Gamestop tomorrow will all be about cryonics and life extension companies, but there will always be a certain % of cults in the stock market, and they'd dominate the conversation because of the meteoric rise in the price of the stock, that would compel people to think about how their lives would have changed had they thrown their money at it in the early days.