> I feel like the stock market is pretty divorced from fundamentals at this point i.e. speculation makes it more like a Keynesian beauty contest (picking stocks you think other people will think are valuable).
A big part of that movie was Christian Bale’s character betting on a crash, and almost bankrupting his company because the market stayed irrational long enough. Other people probably made the same bet but ran out of time. You have to be right and lucky.