If the market was critically examining fundamentals and thinking beyond the next quarter, I might agree with you. As it is, by and large it cares about the next

If the market was critically examining fundamentals and thinking beyond the next quarter, I might agree with you. As it is, by and large it cares about the next earnings report. I work in fintech, at a market leader. We are wildly inefficient, but there is little interest in fixing it, because we’re making money hand over fist.