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by linsomniac
515 days ago
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>[economical instruments are] not just a gambling machine Oh really? With stock buybacks, splits, and options, financial trickery, and market cap not matching production? There are lots of forces in the market that make it very much a gambling machine. For example SMCI produces very real things, I've owned hundreds of their products, but some questionable decisions resulted in a huge drop despite them being well positioned for all the AI growth. Or TSLA, which has recently doubled from a point where many felt the stock price didn't match the available market. |
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