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by alabastervlog 410 days ago
If they're dominating or one of only two or three important options in multiple other areas and the index is the only reason... I mean, that's a strong argument both that they're monopolists and that they're terrible at allocating the enormous amount of capital they have. That's really the only thing keeping them around? All their other lines of business collectively aren't enough to keep them alive? Yikes, scathing indictment.