alt Hacker NewsFun times. Although I find it hard to blame them tbh.
They’re incentived to do so because apparently investors don’t understand the difference.
Fun times. Although I find it hard to blame them tbh.
They’re incentived to do so because apparently investors don’t understand the difference.
Or, investors do understand the difference, but think they're buying low to sell high to "greater fools."
If the market can remain irrational longer than a fundamentals-driven investor can remain solvent, is it irrational to bet on the market remaining irrational?