You vastly overestimate investors' level of critical thinking. Look at coverage of Boeing. Boeing was a shell of its former self since the 787 went tens of bill

You vastly overestimate investors' level of critical thinking. Look at coverage of Boeing. Boeing was a shell of its former self since the 787 went tens of billions over budget and saddled Boeing with a huge pile of debt. And yet Boeing CEOs, one of them fresh from gutting the innovation environment at 3M, would blow their own horns and investors lapped it up. Sometimes it takes years or decades for the bullshit detector to be heard by most people, even most professional asset managers.