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by K0balt 1114 days ago
It’s insane though. Just about any company can show higher quarterlies by doing shortsighted things that deeply undermine their long term value proposition.

Apple could license off a bunch of crap. Boeing could sell assets and designs. Toyota could just rebadge cheaper vehicles and sell all of their factories.. all of those could make record “profits”.

Are we doomed to everything just being a pump and dump scheme from here on out because why shouldn’t everything just be speculation?

1 comments

Dont worry, BlackRock is trying their best to ensure profitability plays no role at all in investment choices. Not sure their plan is better, but it a change