[lapcat]

> It is impossible for the stock market to be irrational, but individual actors within are often irrational.

I disagree with your definition of rationality, and I find it a bit bizarre that a group of people acting irrationally, as you admit, can magically become collectively rational... except "by definition", i.e., your definition.

[JumpinJack_Cash]

Obama was a nobody in 2005, and the most powerful man by 2008.

Is there anything special about the guy? No, it's just that stuff becomes viral.

Obama became viral in 2007 and Tesla/Musk became viral in 2020.

Don't be fooled by the analysts, prices, earning reports and numbers popping. At the end of the day the stock market is a popularity contest and thus it's subject to stuff going viral