> Luckily it allows investors to profit.
That's not lucky. That's sad. They never ask the question "could we have earned _more_ profits with a better strategy?"
The market is not rational.
Split adjusted, I bought AAPL for $6 a share. They also pay dividends. This investor is feeling just fine about their stock price.
Split adjusted, I bought AAPL for $6 a share. They also pay dividends. This investor is feeling just fine about their stock price.