[vonklaus]

You don't think the stock market maps perfectly to real world markets? Average investors need nano-second liquidity. Hedgefunds help the price stay consisten so that when a massive order comes in it goes into a blackpool and is split up, that way the price isn't off by 0.001% which in my opinion, is well worth destabalizing tge global economy.

I mean, prices are just information, don't we want that information to be a meaningless and irrelevent measure? Luckily, equities prices are well known to be irrelevent to investors.

a well known fact that price was dropped from standard metrics several years ago in favour of popularity.

Popularity / earnings