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With respect to the old saw that "the market can remain irrational longer than you can remain solvent", this suggests that the market can remain irrational for
by tuatoru 4y ago
With respect to the old saw that "the market can remain irrational longer than you can remain solvent", this suggests that the market can remain irrational for about twelve years.
- oldgradstudent 4y agoWaymo and Cruise are still operating. The market can remain irrational as long as its backers remain solvent. Getting Alphabet to admit that Waymo was a ridiculously expensive failure will take a lot.