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by autokad 1149 days ago
exactly. Most stocks are effectively over produced digital collectibles. a stock should only be worth the potential cash flows it gives you in the future. period.

'but I get a share of the assets if it goes bankrupt'. you mean nothing? share holders are last in line behind government, bond holders, other debt holders, preferred shares, and then maybe common stock.

people are in some sort of 'rage' mode in gambling on assets.