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> Stocks prices are in large part dictated by corporate profits Maybe the ones that pay dividends, or are very old and stable. The rest are primarily driven by
by AshamedCaptain 4y ago
> Stocks prices are in large part dictated by corporate profits
Maybe the ones that pay dividends, or are very old and stable. The rest are primarily driven by the same forces that move the price of, say, Dogecoin.
- eloff 4y agoOver the short term the stock market is a popularity contest. Over the long term it represents the present day value of future profits.